(Reuters) – Alibaba Group has hired a Washington lobbying firm in a sign that the Chinese e-commerce company would be willing to make a bid for all of Yahoo Inc in the event that talks to unwind their Asian partnership fail. Japan’s Softbank Corp, which owns a 30 percent stake in Alibaba and is a partner in Yahoo Japan, is also listed as an Alibaba affiliate in the disclosure by the lobbying firm, Duberstein Group Inc. Alibaba Group’s founder, Jack Ma, said in September he was keen to buy all of Yahoo if the opportunity presented itself. …

Quoted from Alibaba hires U.S. lobbying firm as it eyes Yahoo on Yahoo! News – Latest News & Headlines

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