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After a blockbuster US listing, Jack Ma's best asset may be Alipay, the online payment service not included in the Alibaba offering.
Read More »Did Alibaba’s Jack Ma Keep Prized Asset for Himself?
The Secret to Alibaba’s Success
When Yahoo released its first-quarter financial results, the most keenly-watched figures were not about the company itself but instead those of Chinese e-commerce giant Alibaba, which Yahoo partly owns. Yahoo’s shares surged as much as 9 per cent in heavy trading after Alibaba revealed its fourth-quarter earnings. Traders scrambled to buy Yahoo’s shares as a proxy for Alibaba, which …
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