Re:All the Western companies you’d have to combine to get so...
by xux on Friday May 09, 2014 @03:43AM
(#7719813)
Funny you brought the 40% up. The Chinese government doesn't like foreign investors controlling financial companies in China. So Alibaba spun off its Alipay service into a separate company, without the approval of investors.
Yahoo wasn't pleased and sole about 15% of their shares.
Yahoo wasn't pleased and sole about 15% of their shares.