Alibaba explained - Yahoo owns 24%

Check out their businesses at alibaba.com  Its an English language website

Alibaba.com are English speaking websites for global consumers.  Will try to compete with AMZN in US.
Taobao.com is eBay (500 million users)
Tmall.com is Amazon (Tmall and Taobao had over $160 Billion in gross merchandise value)
Juhuasuan is Groupon ($3.4 Billion in gross sales)
eTao is search engine for shoppers (new)
Alibaba cloud computing is Salesforce (new)
Alipay is paypal (800 million users)

Revenues from September 2011-September 2012 were $4 Billion US.  This year was probably close to $5.5 Billion.  Yahoo provides #s behind by a quarter.  No September-December 2012 data until April.

Revenues grew at 74%!

Summary: Facebook had revenues of only $5 billion in 2012 with growth of 35%.
                   Alibaba had revenues of over $5 Billion with growth of 70%!

YAHOO OWNS 24% of Alibaba, and will sell 10% at IPO.  Could be a 80 billion market cap or more...AMZN is at 125 Billion.

At 80 billion, YHOO gets 10 Billion AFTER taxes.

IPO rumors are rampant, and a confirmation would be great news for YHOO longs.