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Alibaba to repurchase Yahoo’s 20% stake for $7.1 bn
MUMBAI: Following extensive discussions, Alibaba Group, China‘s biggest Internet company, has entered into a definitive agreement to repurchase 20 per cent of Yahoo!‘s stake in Alibaba for at least $7.1 billion.
Under the agreement, Yahoo! would receive from Alibaba consideration of approximately $7.1 billion, composed of at least $6.3 billion in cash proceeds and up to $800 million in newly-issued Alibaba preferred stock.
The stake repurchase will be financed through a combination of its own cash resources, debt, equity and equity-linked financing. The transaction is expected to close within approximately six months.
The agreement also establishes a framework for Yahoo! to monetise its remaining interest in Alibaba in stages. First, at the time of an initial public offering (IPO) of Alibaba in the future, Alibaba will be required either to repurchase one-quarter of Yahoo!‘s current stake at the IPO price or allow Yahoo! to sell those shares in the IPO.
Second, following such an IPO, Yahoo! has registration rights and rights to marketing support from Alibaba to enable Yahoo! to dispose of its remaining shares, at times of Yahoo!‘s choosing, following a customary lock-in period.
“Today‘s agreement provides clarity for our shareholders on a substantial component of Yahoo!‘s value and reaffirms the significance of our relationship with Alibaba. We look forward to continued collaboration with the Alibaba team on business initiatives as we explore joint opportunities for growth and benefit from Alibaba‘s future. I want to thank Jack Ma, Joe Tsai and the Alibaba team, as well as Tim Morse, Michael Callahan and our Yahoo! team for their dedication in achieving this successful outcome,” said Yahoo! interim CEO Ross Levinsohn.
In addition to the share repurchase, the companies have also agreed to amend their existing technology and intellectual property licensing agreement.
Among other things, this amendment will result in Yahoo! granting Alibaba a transitional license to continue to operate Yahoo! China under the Yahoo! brand for up to four years, while restrictions on Yahoo!‘s ability to make other investments in China will be terminated.
Alibaba will make an upfront lump sum royalty payment of $550 million to Yahoo! and continuing royalty payments for up to four years. In addition, Alibaba will license certain patents to Yahoo!.
Upon closing of the repurchase transaction, the Alibaba shareholders‘ agreement will be amended so that the parties‘ respective rights will be commensurate with the parties‘ post-closing level of ownership in Alibaba. Yahoo! will continue to be represented on Alibaba‘s board of directors with the right to appoint one of four existing directors.
Alibaba Group Chairman and CEO Jack Ma said, “This transaction opens a new chapter in our relationship with Yahoo!. I look forward to working with Ross Levinsohn and the Yahoo! team as Alibaba builds China‘s leading e-commerce company. Yahoo!‘s global audience reach will provide attractive partnership opportunities for Alibaba to explore markets outside of China. The transaction will establish a balanced ownership structure that enables Alibaba to take our business to the next level as a public company in the future.”
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With 57 per cent single new users, Ashley Madison rebrands as discreet dating platform
Platform says majority of new members now identify as single
INDIA: Ashley Madison is shedding the “married-dating” label that defined it for two decades, repositioning itself as a platform for discreet dating in what it calls the post-social media age.
The rebrand, unveiled in India on 27 February, 2026, marks a structural shift in business model and identity. Once synonymous with married dating, the company now describes itself as the “premier destination for discreet dating” under a new tagline: Where Desire Meets Discretion.
The pivot is data-driven. Internal figures show that 57 per cent of global sign-ups between 1 January and 31 December, 2025 identified as single: a notable departure from the platform’s married core. The company argues that its community has already evolved beyond its original positioning.
“In an age where our lives have been constantly put on public display, privacy has become the new luxury,” said Ashley Madison chief strategy officer Paul Keable. He framed the platform’s offering as “ethical discretion” for singles, separated, divorced and non-monogamous users seeking private connections.
The shift also taps into wider digital fatigue. A global survey conducted by YouGov for Ashley Madison, covering 13,071 adults across Australia, Brazil, Canada, Germany, India, Italy, Mexico, Spain, Switzerland, the UK and the US, found mounting discomfort with hyper-public online lives.
Among dating app users, 30 per cent cited constant swiping and messaging as a source of fatigue, while 24 per cent pointed to pressure to curate public-facing profiles and early personal disclosure. Some 27 per cent said fears of screenshots or information being shared contributed to exhaustion; an equal share cited unwanted attention.
The retreat from oversharing appears broader. According to the survey, 46 per cent of adults actively try to keep most aspects of their life private online. Only 8 per cent feel comfortable sharing most aspects publicly, while 35 per cent say they are becoming more selective about what they disclose.
Ashley Madison is betting that this cultural recalibration towards controlled visibility can be monetised. By doubling down on privacy infrastructure and reframing itself around discretion rather than infidelity, the company is attempting to convert reputational baggage into a premium proposition.
