Yahoo or sell Asian assets to drive Alibaba Group IPO

　　Sina Technology News Beijing time on May 18th, the observed person said that hedge fund Third Point CEO Daniel Leb (Daniel Loeb) will advance more cautious strategies after becoming an Yahoo, one of which is focused on Promote the listing of Alibaba (Weibo) Group.As Third Point wins in the Internal struggle in Yahoo, more and more speculations, Yahoo New Board will speed up the sale of Asian assets, especially the most valuable Alibaba Group Shares. But other observed people said that Leb will implement a more cautious strategy, one of which is the listing of Alibaba Group.

　　Yahoo has 42% of Alibaba Group. During the initiative of the agency rights, Third Point will regard the Alibaba Group as "one of the world's most valuable Internet companies". Potential valuation is approximately $ 35 billion.

　　In fact, the outside world believes that Asian assets, including Yahoo Japan, more value, and its core business market is now dominated by Google (Weibo) and Facebook. The relationship between Yahoo and Alibaba has also been pulled by the shares of the shares. It is well known that Alibaba CEO Ma Yun (microblogging) hopes that most of the shares held by Yahoo, not all.

　　However, Ma Yun can discuss the share repurchase problem with Yahoo represented by Lebi, but Yahoo Investors Eric Jackson believe that Yahoo should not be eager to Alibaba negotiations. Jackson has previously supported the dispute between Third Point. "Sale of Alibaba Group shares like you have 40% of Facebook, then sell at $ 30 billion, and Facebook is currently $ 100 billion," Jackson said, "this It will be the biggest mistake in Yahoo 's history. "

　　Jackson proposed a folding program, which is Yahoo sells some of the shares to Alibaba, but Ma Yun is a clear IPO (first public offer) time table. "You will get the exact valuation of the shares held by Yahoo, more importantlyYou will get the IPO date promise of Ma Yun. "

　　Wholesale Financial Market Broker BGC Partners Analytics COLIN GILLIS believes that Jackson's program can solve the interests of both parties." Yahoo sells some shares to Alibaba to exchange the latter may The IPO conducted, so Yahoo is still still holding the 'large quantity asset'. "

　　Susquehanna Analytics Herman Leung said:" Yahoo needs some shares to Ma Yun, so that the latter can decide in the next 1 year. 2 years or 3 years to choose to list. You have to let Ma Yun satisfy their adequate shares. "

　　In fact, Ma Yun has already impressed this transaction program. He said in the email from June last year:" Our interests are consistent with the benefits of the entire e-commerce industry, So we can't exclude the possibility of listed on Alibaba Group in the future, because this is a return on support and continuing to trust our employees and shareholders. "

　　Informed people said that the negotiation between Yahoo and Alibaba Group did not rupture because Yahoo's internal change. Yahoo, Alibaba has not been collected. (明)