Piper Jaffray: Yahoo! Positioned to be one of the Major Internet Entities in China

From Forbes: Yahoo! Edges Out Competition In China

"Piper Jaffray, ...(is) saying the $1 billion Alibaba.com deal is a "strong strategic move" that puts Yahoo! ahead of the competition in China."

"The research firm said Yahoo! is positioned to be one of the major Internet entities in China and possibly one of the three or so "axes" that are developing to dominate the Chinese Internet market. Yahoo! has gained competitively over eBay, Microsoft unit MSN and Google, having established a platform for a large Internet operation in China, according to the research firm."

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