What to Know About Altaba and Its Investment Strategy

Altaba was formed in 2017 after Yahoo's sale to Verizon, which left the company with a significant stake in Alibaba Group, a Chinese e-commerce company.

Altaba's primary asset is its 52.3% stake in Alibaba Group, making it one of the largest shareholders in the company.

The company's investment strategy is focused on long-term growth, with a focus on the technology and consumer sectors.

Altaba has a history of making smart investments, including its stake in Yahoo Japan, which it sold in 2019 for a significant profit.

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Altaba's financials have seen a significant shift over the years.

In 2023, the company's net sales were $39.4 million.

The net income for 2023 was $66.98 million.

Altaba's net income peaked at $5.87 billion in 2023.

Here's a breakdown of Altaba's net sales and net income for 2023 and 2024:

The company's net income continued to grow in 2024, reaching $10.17 billion.

Altaba Inc. has been quite active in recent years, with several notable announcements and events.

In August 2024, Altaba Inc. announced a liquidating distribution, payable on August 13, 2024.

Altaba Inc. has also been reporting its earnings results, with the latest being for the half year ended June 30, 2025, and the full year ended December 31, 2024.

Notably, the ownership group led by Shannon Terry acquired JBS Sports, Inc. from Altaba Inc. in April 2025.

Here's a summary of some of the key events:

Altaba Inc. has also been involved in partnerships, such as a 2022 partnership with Reset Digital and Yahoo to drive diverse media outcomes.

Altaba's investment holdings are quite impressive, with three significant stakes in major companies.

Altaba's largest holding is Alibaba, with a fair value of $51.8 billion as of June 16, 2017. This represents a 54% increase from $33.7 billion at the end of 2016.

Another notable holding is Yahoo! Japan, valued at $8.7 billion as of June 16, 2017, a 13% increase from $7.7 billion at the end of 2016.

Altaba also holds a small stake in Snap, worth $78 million as of June 16, 2017.

Here's a breakdown of Altaba's three largest holdings:

Altaba, the former Yahoo, has started selling its remaining stake in Alibaba Group Holding.

The sale involves five million shares, which is a significant reduction from the original 384 million shares Altaba held.

Altaba plans to provide daily updates on its website, keeping investors informed about the sale's progress.

The sale is part of Altaba's plan to liquidate its assets, which it adopted last year.

Altaba is taking advantage of Alibaba's recent 35% stock price increase since the end of September.

The sale of Alibaba shares could indicate that Altaba management thinks it's a good time to unload the remaining stake.

Altaba is selling its Alibaba shares at $229 each, with the first sale of one million shares resulting in $229 million in proceeds.

Consider reading: Alibaba Group Holding Share Price

Altaba's 3 largest holdings are quite impressive, with Alibaba being the largest at a fair value of $51.8 billion as of June 16, 2017.

This is a significant increase from the previous year, with Alibaba's value rising by 54% from $33.7 billion in December 2016.

For more insights, see: Alibaba Share Repurchase

The second largest holding is Yahoo! Japan, valued at $8.7 billion as of June 16, 2017, a 13% increase from $7.7 billion in December 2016.

Interestingly, the value of Snap, Altaba's third largest holding, is a relatively small $78 million as of June 16, 2017.

Here are Altaba's 3 largest holdings by the numbers:

Altaba's dividend history is a bit of a story. There hasn't been a dividend paid out since 2018, with all previous years showing a dividend of $0.00.

The dividend yield for Altaba has been 0.00 since 2014, and the currency for all dividend payments has been USD.

Here's a list of Altaba's valuation metrics over the years:

Altaba Inc, formerly known as Yahoo, does not have a dividend payment history in recent years, with all dividend amounts listed as $0.00 since 2018.

Looking at the dividend calendar, we can see that there is a lack of dividend payments from Altaba Inc in the past decade.

Here is a list of dividend payments for Altaba Inc (ex Yahoo) from 2009 to 2024:

As we dive into the world of valuation, it's clear that Altaba's numbers have seen some significant changes. Let's take a closer look at the capitalization of Altaba, which has fluctuated between 7.63B and 15.7B over the past few years.

Altaba's P/E ratio has also undergone a notable shift, with 2023 and 2024 estimates sitting at 152x and 244x, respectively. The enterprise value of Altaba has seen a similar trend, with values ranging from 7.63B to 1,548B.

Here's a snapshot of Altaba's capitalization and P/E ratio over the years:

The EV/Sales ratio has also seen a notable increase, with 2023 and 2024 estimates sitting at 259x and 315x, respectively.

Altaba's management team is led by CEO Alexi Wellman, who is 54 years old and has been in the position since December 31, 2021.

The company also has a Chairman, Thomas McInerney, who is 60 years old and has been in the role since the same date.

In addition to Wellman, two other individuals serve as Director/Board Members: Catherine Friedman, who is 64 years old and has been on the board since May 31, 2017, and Alexi Wellman again, who is also 54 years old and has been on the board since December 31, 2021.

Here is a breakdown of the management team:

Altaba's public relations efforts have been largely focused on maintaining a positive image since its inception.

The company has a dedicated team that handles all media inquiries and responses.

Altaba's CEO, Satya Nadella, has been instrumental in shaping the company's public image through strategic communication.

One notable example is the company's response to a critical article in 2020, where they issued a prompt and transparent statement addressing the concerns.

Altaba's commitment to transparency has been a key factor in building trust with its stakeholders.

The company has also made efforts to engage with the public through social media and community outreach programs.

In 2019, Altaba launched a social media campaign to raise awareness about its business operations and goals.

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