AABA

Altaba Inc

A holding company created when Yahoo sold its core internet business to Verizon in 2017, leaving Altaba to manage the investments that stayed behind — chiefly a major stake in the Chinese e-commerce giant Alibaba. The name is widely read as a blend of "alternative" and "Alibaba," signaling it was mainly a vehicle for that holding. After its shareholders approved the plan in 2019, the company dissolved and wound down, distributing its remaining assets to investors over the following years.