Alibaba Seeking Up to $4B in Financing

Alibaba Group is seeking up to $4 billion in debt financing, in a deal expected to help the Chinese e-commerce giant buy back a 40% stake in the company owned by Yahoo Inc., Reuters wrote Thursday. As Alibaba Group is private, there is no public figure on what Yahoo's stake is worth, though some analysts say its worth at least $9 billion, Reuters reported.

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