Yahoo buys Chinese Internet search firm

Nasdaq listed Yahoo saw shares rise $0.21 to $38.90 after it confirmed that it would buy a Chinese Internet search firm for $120m.

Yahoo buys Chinese Internet search firm

Nasdaq listed Yahoo saw shares rise $0.21 to $38.90 after it confirmed that it would buy a Chinese Internet search firm for $120m.

Yahoo's Hong Kong unit said it would buy 3721 Network Software Company (NSC),over the next two years.

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