"In 2005, under Yang’s direction but before he took over as CEO in 2007, Yahoo! purchased a 40% stake in Alibaba for $1 billion plus the assets of Yahoo! China, valued at $700 million."
https://en.wikipedia.org/wiki/Jerry_Yang_(entrepreneur)#Alib...
"In 2005, under Yang’s direction but before he took over as CEO in 2007, Yahoo! purchased a 40% stake in Alibaba for $1 billion plus the assets of Yahoo! China, valued at $700 million."
https://en.wikipedia.org/wiki/Jerry_Yang_(entrepreneur)#Alib...