Futu News reported on January 14, according to$Yahoo (AABA.US) $Announcement: On January 13, 1 million shares were sold at an average price of $229 per share$Alibaba (BABA.US) $Stocks, with total earnings of $229 million.
Source: Bloomberg
Previously, Yahoo acquired 40% of Ali's shares for 1 billion US dollars in 2005. In 2012, after founder Yang Zhiyuan left Yahoo, Yahoo began selling Alibaba shares. The first deal was for Alibaba Group to repurchase 20% of Yahoo's shares for 7.6 billion US dollars.
According to the latest data, Yahoo currently holds less than 5% of Ali's shares; during the period when its Alibaba holdings were reduced, Yahoo made a profit of over 100 billion dollars.
Source: Wind
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