The Traderszone Network

Published in TZ Latest News 12 August, 2014 by The TZ Newswire Staff

Alibaba overhauls pact with Alipay parent, sells SME loan business

Alibaba Group Holding Ltd overhauled its pact with the parent of its payments affiliate Alipay, boosting the Chinese e-commerce giant’s potential gain if Alipay is sold or goes public, according to an …