Nov 12, 2014 05:46 PM

Alipay Will Do What Alibaba Couldn't, Jack Ma Says: List in China

Compiled by Caixin

(Beijing) – Alibaba Group Holding Ltd. chairman Jack Ma said he wants Alipay to go public in China. He made the comments right before the e-commerce giant announced that sales through its website on November 11 beat last year's record by nearly 60 percent.

The Alibaba e-shopping website Tmall saw sales total 57.1 billion yuan on November 11, compared with last year's record of 36.2 billion yuan.

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