Technology
Alibaba to solve spinoff dispute
Updated: 2011-06-22 15:10
(Xinhua)
|
Two men talk beside a logo of Alibaba (China) Technology Co. Ltd at its headquarters on the outskirts of Hangzhou, Zhejiang province, in this file picture taken May 17, 2010. [Photo / Agencies] |
"Alibaba Group and its major shareholders, Yahoo! Inc. and Softbank Corporation continue to be engaged in constructive negotiations," says a joint statement of the three provided to Xinhua by Alibaba.
"Our objective is to reach an agreement in a timely manner that serves the interests of all stakeholders," it said.
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