We Want China: Yahoo and Alibaba Join Forces
On Wednesday, Yahoo bought a huge stake in Alibaba.comThe deal is a direct repurcussion of last Friday's massive IPO for Baidu.com.
Baidu.com's public offerring put the company at the $4 billion mark after the Chinese internet search engine's bankers were able to raise a whopping $100 million dollars.
Alibaba.com is China's second largest e-commerce operator.
With Alibaba's commerce operations and Yahoo's search business, the deal should put Yahoo closer to crippling its nemesis Google.
Because Wednesday's deal is really about Google.
It's always about Google.
We think Yahoo will ultimately buy ALL of Alibaba and Google will buyout Baidu.com, though right now it looks like the former will happen before the latter.
As China continues to bask in the limelight, the global Internet giant acquisition spree is sure to rage on.
Next at bat: Microsoft.
We'll have to wait and see how they respond to Google, Baidu.com, and Yahoo.
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