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Alibaba, BOC enter long-term e-commerce alliance

Jul. 28, 2009 (China Knowledge) - China's Alibaba.com Ltd<1688>, the world's largest online B2B marketplace, recently formed a long-term strategic alliance with Bank of China<601988><3988> to collaborate in areas that include online payments, small business financing and joint marketing. Under the agreement, Alibaba and BOC will jointly develop the Alipay Card, a smart card to b

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