Yahoo, Softbank reach agreement on China’s Alipay

10 Aug 2011
By Don Gasper After months of bickering, China’s Alibaba Group, U.S. Internet giant Yahoo and Japanese Internet firm Softbank have settled their three-way dispute over the ownership of Chinese payments processing  company Alipay in a deal that calls for Yahoo to be paid at least US$2.4 billion if Alipay goes public... This content is ava


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Jim Townsend