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The Alibaba VIE recently transferred a valuable asset (Alipay, an online-payments firm) to a local Chinese company controlled by Jack Ma, Alibaba's chairman.
ECONOMIST: The perils of investing where the law is unclear
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According to a recent poll by China-multinational Alibaba.com, 64% of the 1, 268 online retailers polled said they were going to use optimism to lure in consumers this holiday season.
FORBES: Online Retailers Tap The Power Of Positive Thinking
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Credit Suisse has taken an ambitious shot at what China will look like in 2015, in a 150-page report, and their call is that the fastest-growing business sector will be surprise, surprise e-commerce, led by the dominant online marketplace Taobao of Alibaba Group.
FORBES: The Biggest Winner In China In 2015? E-Commerce.
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Alibaba was a local Chinese company that helped small- and medium-sized enterprises conducting business online.
FORBES: How EBay Failed In China
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The firm had transferred Alipay, an online-payments business, to a company owned by Jack Ma, Alibaba's boss according to Yahoo!
ECONOMIST: More trouble for Yahoo!
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In 1999, Ma founded "Alibaba.com, " which currently operates the world's largest online marketplace, serving small- and medium-sized enterprises by connecting global buyers with sellers in China.
CNN: Jack Ma Talkasia Transcript