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Yahoo's Alibaba.com In China

Alibaba.com, an Alibaba Group business unit in China 39% owned by Yahoo, reported that net profit for 2009 fell 12.3%. The company pointed to adverse business conditions in the first half, investments in new technology, and losses on its business management software division. The company provides Yahoo with a presence in China's search and advertising marketing, a market segment that Google will likely leave.

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