Sorry, Carol Bartz Says She's Not Selling The Alibaba Stake

carol bartz yahoo women woman ceo female

Yahoo won’t be cashing in its Alibaba chip any time soon.

Carol Bartz tells Reuters the Chinese tech firm “constantly” asks about buying out Yahoo’s 39% stake, but she’s not interested in selling, because “It’s very strategic.”

For Bartz, it is strategic. Owning a huge share of one of the most promising tech plays in the world makes sense.

Alibaba, on the other hand, doesn’t think Yahoo is a strategic partner. CEO David Wei says of Yahoo, “Why do we need a financial investor with no business synergy or technology?”

Earlier today, a report surfaced that Yahoo might sell its stake for $8 billion to $11 billion.

Don’t miss: What It’s Like To Get Acquired By And Work At Yahoo

NOW WATCH: Tech Insider videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at