Mobile Taobao strikes heavily, wielding a sword towards Microsoft

The talks between Microsoft and Yahoo! over a possible acquisition were undoubtedly the hottest topic at the start of the Year of the Rat. Although Yahoo! rejected Microsoft's offer, many in the industry understood that Yahoo!'s acquisition by Microsoft was only a matter of time. Given that Yahoo! currently holds approximately 39% of Alibaba's shares, making it Alibaba's largest shareholder, there is great interest within the industry regarding Alibaba's future direction and the future of e-commerce in China.

Everyone understands that the wireless internet is the prized asset of the future. A marriage between Microsoft and Yahoo!, to some extent, signifies their intention to make moves in the wireless business sector.