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Nasdaq 2,864.74 +0.96%
DJIA 12,559.20 +0.84%
S&P 500 1,328.14 +0.78%
FTSE 100 5,391.14 +0.65%
STOXX 50 2,160.31 +0.58%
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Oil (WTI) 90.73 -0.14%
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FB:US 28.89 -9.46%

Alibaba Looks Forward to ‘Constructive’ Relationship With Yahoo

Alibaba Group Holding Ltd. Chief Executive Officer Jack Ma said he is looking forward to continuing a “constructive relationship” with Yahoo! Inc. (YHOO)’s leadership and board of directors following the departure of Jerry Yang.

Yang is “a longtime friend with whom I have had a strong personal and professional relationship,” Ma said in an e-mail distributed today by spokesman John Spelich.

To contact Bloomberg News staff for this story: Edmond Lococo in Beijing at elococo@bloomberg.net

To contact the editor responsible for this story: Marco Lui at mlui11@bloomberg.net

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