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Alibaba, Softbank to Form JV in Japan

SinaTech, 11/13/07

Tuesday, during the 2007 GSM Asian Mobile Awards, Softbank President Masayoshi Son stated that the company is negotiating with Alibaba and planning to set up a Japanese joint venture company to expand into the Japanese market. Son said that Softbank will hold a majority of the JV shares, but other contract details have not been finalized.

Keywords: Alibaba Softbank JV Japan B2B e-commerce Masayoshi Son Internet


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