Sr. Correspondent, Broker Research, Bangalore, India
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Apr 16, 2014
Apr 16, 2014

Yahoo shares a good buy as Alibaba nears IPO: analysts

By Saqib Iqbal Ahmed

(Reuters) – Alibaba Group Holding Ltd’s surprise surge in revenue and its upcoming IPO present a great opportunity for investors to load up on Yahoo Inc’s shares, analysts said.

The Chinese internet company’s revenue jumped 66 percent in its fourth quarter, dwarfing Yahoo’s anemic results on Tuesday.

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    • About Saqib

      "Saqib is Senior correspondent, Broker Research and leads a team of five reporters covering equities research. He previously worked as a producer on the Reuters Global Online desk. He joined Reuters in 2009 after graduating from the Asian College of Journalism."
      Joined Reuters:
      2009
      Languages:
      English, Hindi, Bengali
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