Yahoo! and Alibaba reportedly reach agreement on Alipay ownership

05/31/2011 | Wall Street Journal, The

Yahoo! and Alibaba Group reportedly resolved a dispute that began when the Chinese e-commerce company transferred ownership of its online-payment service, Alipay, to a company in which Yahoo! doesn't have a stake. Yahoo! owns about 40% of Alibaba. A source said part of the Alipay agreement is a promise that the ownership transfer won't hurt the value of Taobao, Alibaba's online marketplace.

View Full Article in:

Wall Street Journal, The

Published in Brief:

SmartBrief Job Listings for Retail

Job Title Company Location
Manager, Internal Audit
L Brands
Columbus, Ohio
Sales Manager - Sacramento/San Jose
Pilkington North America
Sacramento, CA
Product Developer
Whole Foods Market
Austin, Texas
Staff Accountant-General Accounting
Total Wine & More
Potomac, Maryland
Branch Manager
Crescent Electric Supply Co.
Cedar Rapids, IA