Following the successful acquisition of Yahoo's (YHOO) property in China, Alibaba has now turned its eyes to, an online auction venture between Yahoo China and (SINA) in which holds a 33% stake.

When Alibaba acquired Yahoo China, it did not include in the deal. So currently, the only asset of Yahoo China that does not belong to Alibaba is the 33% of stake held by

Insiders tell local media that Alibaba is in negotiation with on the purchase of that, but the two sides have not reached a final agreement. Nor have they disclosed the price of the transaction.


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