(AFX UK Focus) 2010-03-22 10:50 Alibaba, Softbank in talks to boost cross-mkt selling -source (Interactive Investor)
HONG KONG, March 22 (Reuters) – China’s Alibaba Group is in talks with one of its investors, Japan’s Softbank, to form a tie-up to help merchants from their online marketplaces sell into each others’ markets, a source familiar with the situation said on Monday. The tie-up would be part of a broader alliance between Alibaba, whose shareholders include U.S. Web giant Yahoo , and Softbank, which …
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