partnership

Photo of Softbank CEO Masayoshi Son

Masayoshi Son, whose Softbank Corp. is Alibaba Group’s largest shareholder, has weighed in with fellow stakeholder Yahoo on the debate over the Chinese e-commerce company’s form of corporate governance, which has become a contentious issue as Alibaba decides whether to list its shares in Hong Kong or New York.

E-commerce website AliExpress announced a partnership with leading Russian e-payment solutions provider QIWI, boosting the former's profile in an up-and-coming online market.