An Insider’s Account of the Yahoo-Alibaba Deal
Harvard Business Review
AUGUST 6, 2014
In November 2003, after due diligence, we announced our agreement to purchase 3721 for $120 million. By mid-2004, however, the operation was mired in conflict over control and differences in management style. In the media and internet industries, it turns out to be very important when operating in China.
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