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An Insider’s Account of the Yahoo-Alibaba Deal

Harvard Business Review

content (news, finance, weather) into two Chinese languages, and directory access to 20,000 web sites, an approach that the company had adopted elsewhere. In November 2003, after due diligence, we announced our agreement to purchase 3721 for $120 million. On the finance and deal side, we also felt a strong kinship with Tsai.