Yahoo to buy China ecommerce firm
An Alibaba deal would end Yahoo's independent China operations
Yahoo is reportedly close to acquiring a major stake in China's biggest e-commerce firm, Alibaba.com.
The US internet giant is in talks to buy 35% of Alibaba for $1bn (£557m), according to several reports.
If successful, the deal would mark the largest investment yet by a foreign firm in China's technology market.
A deal between the two would also challenge the Chinese operations of US online auction giant eBay. Alibaba offers similar auction site services.
source/full story: news.bbc.co.uk/1/hi/business/4138012.stm
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