SAN FRANCISCO (Reuters) – Alibaba Group Holding Ltd overhauled its pact with the parent of its payments affiliate Alipay, boosting the Chinese e-commerce giants potential gain if Alipay is sold or goes public, according to an amended Alibaba filing on Tuesday. Alibaba, which is set to go public in New York later this year, also […]
By Deepa Seetharaman SAN FRANCISCO (Reuters) – Startup Stripe and Chinas Alipay have struck a deal to allow Chinese buyers to pay for purchases on the U.S. service, in a rare agreement between a Western payments service and the Alibaba affiliate. Alipay, once part of Chinese e-commerce giant Alibaba before it was split off, handles […]
(Reuters) – Alibaba Holdings Inc is in talks with major shareholders to reclaim a stake in fast-growing online-payments affiliate Alipay, The Wall Street Journal reported on Wednesday, citing people familiar with the matter. The discussions revolve around several options, among which is the purchase by Alibaba of one-third of Alipay, the Journal said, citing one […]
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