Alibaba’s sale of Alipay undermines Yahoo’s presence in China – International Business Times


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. …
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