HONG KONG: Jack Ma, founder of Alibaba Group, has been approached by a group of private equity investors to gauge his interest in joining a bid to buy Yahoo Inc, a source close to the situation said.
Ma, whose Alibaba Group was 40% held by Yahoo and was China’s largest e-commerce company, had yet to make any decision about participating in the potential bid, said the source, speaking on condition of anonymity due to the sensitivity of the situation.
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