SHANGHAI - Yahoo Inc and Alibaba group will be difficult to solve their rivalry to the transfer of the Chinese a major asset of Internet society, raising questions how long will last her marriage.
Shares of Yahoo fell 11% since Tuesday, when the American company Internet said that alibaba had restructured Alipay, a system similar to eBay Inc., PayPal, Alibaba e-commerce online payment, Director General Jack ma.
Analysts said that this reduces the value of 43% of Yahoo! in Alibaba game - regarded as one of its most valuable assets.
After initially issuing contradictory statements, the two companies said in a joint statement they were in negotiations and that they were committed to resolving the dispute.
However, analysts said the relationship soured between Alibaba and its majority shareholder is deeply entrenched, and any attempt to improve the links won't be easy.
"You will see more difficulties in the communication and any disagreements probably until the day Yahoo decides to sell back its participation in society", said Mark Natkin, Managing Director of Marbridge Consulting.
Yahoo said that he was surprised by the deal Alipay, Alibaba replied that Yahoo was aware of the transaction under a Commission seat, now held by the former Executive Director of Yahoo, Jerry Yang, who is also a Director of Yahoo.
Yahoo and Alibaba endured couve long tensions since the departure of Yang of Yahoo. Alibaba has said repeatedly that he wants to purchase Yahoo game, while Yahoo has said, that is not on sale.
Natkin, stated that the dispute was probably not yet go further. "Yahoo has been in the Chinese market long enough to know that it must be pragmatic in working with the Government and working since long the chronology of the Government", he said.
"I feel a court action is not productive and not put them in a favourable position with the Government."
Saturday, Ma said at a meeting of shareholders in Hong Kong that the move to spin off Alipay was lawful and transparent, Bloomberg News reported.
Alibaba group has Alibaba.com and China more great site e-commerce with a concentration on the Alibaba group consumer.
The rivalry is highlighted the strained relations between Ma and Carol Bartz, CEO of Yahoo since January 2009.
"Carol (Bartz), the majority of the value of the shares of Yahoo comes from Alibaba and yet she is not listening to Alibaba.". It's his fault, that she does not know what is happening in China, "said Dick Wei, an analyst based in Hong Kong with JPMorgan.
Alibaba, said the Council was informed in July 2009, this majority stake in Alipay had been transferred in Chinese property.
The company said its move to restructure Alipay came that China is preparing to impose new regulations on online payment providers. China's Central Bank has strengthened regulations governing payment systems third party online to apply for a license last year.
Softbank Corp. of the Japan also owns a stake in Alibaba. Four directors form the Board of Directors of the Alibaba, including Yang and Softbank founder Masayoshi Son.
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