yhoo ياجماعة شكلها عندها الكثير من الخير بعد خبر شرائها للشركة الصينية وش رايكم ؟؟؟؟ Aug. 11, 2005 Market Closed Common Stock Market: NASDAQ-NM Last Sale $ 34.94 Change Net / % 0.75 2.19% Best Bid / Ask N/A / N/A 1y Target Est: $ 44.00 Today's High / Low $ 35.001 / $ 34.32 Share Volume 22,673,659 50 Day Avg. Daily Volume N/A Previous Close $ 34.19 NET STOCKS: Yahoo's Semel Details The Alibaba Investment By Bambi Francisco SAN FRANCISCO (Dow Jones) -- The $5 billion value that investors have slapped on newly public Baidu.com looks to have awakened Yahoo to the need to get serious about China. It said late Wednesday that it's buying 40% of Alibaba for $1 billion in cash. Alibaba is among the fast-growing Chinese Internet start-ups. It owns two of the largest business-to-business marketplaces in the world; has a joint-venture partnership with Softbank in Taobao, a popular Chinese online auction business; and owns a Chinese online payment system called AliPay. Taobao, which competes with eBay's (EBAY) EachNet auction business, had a gross merchandise value of $200 million in the second quarter, up from $120 million in the first. The site is attracting 80 million page views a day. Taobao has a 30% share of the Chinese online auction market, compared with eBay's 65%, according to iResearch, an Internet market-research company. Watch interview in which analyst predicts Alibaba will boost Yahoo earnings this year. Yahoo's (YHOO) chief executive, Terry Semel, spoke with Dow Jones about why Yahoo wanted to make an investment rather than a full-on purchase. He also talks about why Alibaba, and not Baidu, was the winning horse to bet on in China despite talks with many companies in the country. Semel: We structured it in a way that was consistent, in a funny way, [ similar] to Japan. [The structure allowed] Alibaba's overall management to run the company, and it was a way for both sides to benefit going forward. We're pleased that way. We're thinking long-term thinking with a shared vision. We spent a lot of time thinking about where we think the world is going. Yahoo will continue to [focus] on commerce, search [where Yahoo is the No. 2 player in search -- based on number of queries -- behind Baidu (BIDU), and you look at that and combine assets. Our technology and their management is a winning combination. We have a leg up on the fastest-growing market in the world and consistent with Asia. This gives us an opportunity to lead in China. We bet on the greatest growth of any company. You talk a lot about auctions, which clearly eBay dominates worldwide. But Google(GOOG)is a dominant player in search worldwide. In China, which of these two companies -- and maybe throw in Shanda Interactive (SNDA) -- poses the biggest threat to your position in China? (END) Dow Jones Newswires 08-11-051616ET Copyright (c) 2005 Dow Jones & Company, Inc. Copyright (C) 2005 Dow Jones & Company, Inc. All Rights Reserved.