Yahoo may rethink use of cash from Alibaba deal
SAN FRANCISCO, Aug 9 Yahoo Inc may re-evaluate plans for the cash it gets from a multibillion-dollar sale of half of its 40 percent stake in Chinese Internet company Alibaba Group.
Oct 14 Hangzhou Shunwang Technology Co Ltd
* Says it sees 9-month net profit up 100-120 percent at 365-401 million yuan ($54.73-$60.13 million)
Source text in Chinese: bit.ly/2doDb7c
Further company coverage: ($1 = 6.6685 Chinese yuan renminbi) (Reporting by Hong Kong newsroom)
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