Friday, May 13, 2011

Says Alibaba Transferred Alipay Without Board Approval

VerizonStoreLocator.Blogspot.Com - May 13 Bloomberg Alibaba Group Holding Ltd spun off its Alipay onlinepayment business to a different pany without the knowledge or consent of its board or shareholders Inc said and Softbank Corp owners of stakes in Alibaba Group http://www.businessweek.com/news/2011-05-12/yahoo-says-alibaba-transferred-alipay-without-board-approval.html

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