Jack Ma,
Alibaba founder and Ceo, is planning to buy the
Yahoo Inc if the opportunity present and discuss with the other potential buyers about options. He told the audience on his speech at
Stanford University that he is "
very interested in Yahoo. "
Jack Ma
(Chaiman and Founder of China's largest business-to-business Web marketplace Alibaba at the Commonwealth Economic Forum in Taipei, January 19, 2010)
The former
Yahoo Chief Executive, Carol Bartz, was fired earlier this month, the company's board of directors come in decision to replace themselves or sell the company to more competent management firm. This late September, company founder
Jerry Yang told employees that possible acquisition would take at least several months to complete if the suitable buyer was revealed.