June 27, 2011 at 14:50 PM EDT
(YHOO) Yahoo-Alipay Settlement in Progress
Yahoo Inc. (YHOO), Chinese e-commerce firm Alibaba Group Holding Ltd. and Japanese Internet company Softbank Corp. are on track to reach a settlement regarding the ownership of online-payments business Alipay. The trio seems pleased with the progress on the transfer of Alipay, although negotiations continue. Last year, Alibaba had transferred ownership of Alipay to a [...] (YHOO) Yahoo-Alipay Settlement in Progress
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