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Jack Ma: Alipay Targeting Domestic IPO

Caijing, 11/11/14

In an interview with China Central Television (CCTV), Jack Ma, chairman of Chinese e-commerce conglomerate Alibaba Group (NYSE: BABA), stated definitively that the company's affiliate third-party payment processor Alipay will go public in the future. Regarding where Alipay would be listed, Ma expressed regret that Alibaba Group was listed overseas, and hoped that Alipay could have a domestic IPO.

Keywords: Jack Ma e-commerce Internet IPO Alipay third-party payment Alibaba Group BABA e-payment

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