Yahoo! News: Internet News: Yahoo! settles Alipay dispute with Chinese partner (AFP)

Yahoo! News: Internet News Internet News

Yahoo! settles Alipay dispute with Chinese partner (AFP) Jul 29th 2011, 12:17 NEW YORK (AFP) – US Internet firm Yahoo! and Japan's SoftBank said Friday they had reached agreement with their Chinese partners at Alibaba Group in a dispute over online payments platform Alipay. Alibaba Group -- which is 43 percent owned by Yahoo! -- "will continue to participate in Alipay's future financial performance, including a future IPO or other liquidity event," the companies said in a joint statement.

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