Days before,chair man of the board of Alibaba Group,Mr.Ma Yun,gave a lecture in Stanford University,indicating that he has the tendency to purchase Yahoo,which has caused much concern.

After that,Yahoo’s stock price rose by 5%,which is considered to be the first growhth since it has dropped by 20% before.

If he managed to do it,it would be the biggest oversea purchase case of Chinese enterprise ever since Lenovo purchased IBMPC in 2004.

Early in 2005,Yahoo invested 1 billion US dollars to purchase 40% of Alibaba Group’s share,making it the biggest share holder of Alibaba.Today,however,Alibaba is considered to have a better development and future than Yahoo,whose value are estimated to be 32 billion and 20 billion US dollars correspondingly.

Mr.Ma admitted that it is Yahoo who gave Alibaba much help and make it today’s status.Also,he is quite interested in purchasing Yahoo since for him,to purchase Yahoo is to purchase himself–letting him to become the real ruler of Alibaba.

No one is sure that if he can get it done at this moment,but one thing is certain that as a new generation Chinese enterpreneur,Mr.Ma is becoming more mature and confident,leading his bussiness to a new level.