Yahoo and Alibaba are trying not to fight in front of the shareholders. In their first jointly released statement, the California-based company and the Chinese internet powerhouse are reassuring investors that a recently revealed dispute will not weaken their five-year partnership.
"Alibaba Group, and its major stockholders Yahoo! Inc. and Softbank Corporation, are engaged in and committed to productive negotiations to resolve the outstanding issues related to Alipay in a manner that serves the interests of all shareholders as soon as possible," said the Alibaba-Yahoo
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