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Alibaba: No Plan to List Taobao or Alipay

TechWeb, 5/08/09

Jack Ma, founder of Chinese Internet firm Alibaba Group, says the Alibaba Group currently has no plans to either merge or list its B2C and C2C e-commerce site Taobao or its third-party payment platform Alipay.

An earlier rumor had said that Taobao was making preparations to list, with an IPO predicted for next year. A spokesperson for Taobao declined to comment on the rumor.

Keywords: Alibaba Alipay B2C C2C e-commerce Internet IPO Jack Ma Taobao third-party payment online payment

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