The Alibaba Group Is Discussing The Recovery Of Alipay With Its Major Shareholders

< p > World < a target= "_blank" href= "//www.sjfzxm.com/" > dress < /a > a target= "_blank" href= "_blank" > shoes < < hat net "Xiaobian is introduced by Alibaba group to secretly reclaim Alipay 40% stake.

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< p > Alibaba group is discussing with Alipay's major shareholder on recycling.

One of the proposals involves Alibaba group's 40% stake in Alipay, the person familiar with the matter said.

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< p style= "text-align: center" > img align= "center" border= "0" alt= "src=" /uploadimages/201405/02/20140502025536_sj.JPG "/" < < >.

< p > however, another insider said that the plan for recycling a href= "//www.sjfzxm.com/news/index_cj.asp" > Alipay < /a > is still in the theoretical stage and there is no specific timetable.

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< p > speculation about Alibaba IPO has become a hot topic in the US stock market and even in the global market.

The Wall Street information website has reported that Alibaba's listed entities include C2C e-commerce, Taobao e-commerce based B2C e-commerce and "Ali cloud" cloud storage system.

However, Alibaba group's highly competitive Alipay business is not in the listed entity.

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< p > the separation of Alipay and Alibaba listed entities is due to the 2011 Alipay equity dispute.

As Alibaba is registered in the British Cayman Islands and the largest two shareholders are YAHOO and Japan's Softbank, Alibaba is a foreign-funded enterprise.

For Alipay's payment business, if it wants to get the payment license issued by the central bank, its foreign investment background is likely to become an obstacle.

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< p > for this reason, in 2011, Alibaba group pferred its Alipay stake 100% to Ma Yun's Zhejiang Alibaba. After that, it was opposed by Softbank and YAHOO.

Although Softbank and YAHOO have proposed reconciliation proposals for Alibaba group's "agreement holding" Zhejiang Alibaba, but Ma Yun "we must abide by the law" rejected the proposal that "the central bank has repeatedly asked us to ensure that there is no foreign capital composition and agreement control."

Since then, Alipay has paid huge compensation to Alibaba group.

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< p > if the a href= "//www.sjfzxm.com/news/index_c.asp" > Alibaba < /a > Group successfully reclaimed Alipay's competitive business, then Alibaba IPO's trip may be more substantial.

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< p > however, as mentioned in the above 40% of the recovery of shares, excluding Alibaba group to enjoy the profits brought by Alipay business, although Alipay is not directly controlled by foreign investors, but the business will inevitably bring about problems because of its foreign capital components.

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< p > according to the expectation of Bernstein Research analyst Carlos Kirjner, the market value of Alibaba after listing is about 2400 to 250 billion US dollars, but the valuation of Alipay components is only 6 billion dollars, and this largely depends on Ma's share rights in Alibaba group 7%.

At the same time, judging Alipay's valuation is also a difficult task, because Alipay's entity is Zhejiang Alibaba, which is not a listed company, nor does it disclose information externally.

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