 Telegraph.co.uk |
Alibaba's sale of Alipay undermines Yahoo's presence in China
International Business Times According to TechCrunch Alibaba has two key assets under its purview: Taobao, an eBay like platform with 170 million users, controls 80 percent of Chinese e-commerce market while AliPay is a PayPal equivalent with over 300 million users. … Yahoo! China Woe May Yield Asia Gain What was ours is now mine Alibaba news heightens Chinese net stocks' pain |
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