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Chief Executive Officer and founder of Alibaba.com, Ma Yun, left, smiles as he speaks with Yahoo Chief Operating Officer Daniel Rosensweig during a press conference at the China World hotel in Beijing Thursday, Aug. 11, 2005. Yahoo Inc. announced Thursday it would pay US$1 billion (euro810 million) in cash to acquire a 40 percent stake in the Chinese e-commerce firm Alibaba.com. The agreement makes Yahoo the largest strategic investor in Alibaba, and is the biggest deal yet in a flurry of investments in China by foreign Internet companies eager for a share of a market with more than 100 million people online.
词汇:
Executive n.执行者, 经理主管人员adj.实行的, 执行的, 行政的
Operating adj.运行的,操作的,工作的
in cash 有现钱
stake n.(下在投机生意上的)股本[份]
flurry n.阵风, 小雪, 小雨, 飓风, 慌张vt.使恐慌, 使狼狈vi.激动, 慌张
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