03 Jun '11, 12pm

PayPal to end partnership with Alibaba:

PayPal to end partnership with Alibaba:

No reason was provided why both parties decided to end their partnership, but a document obtained by Reuters showed PayPal was unhappy with AliExpress's rising consumer business on the platform, which is meant for business transactions, and wanted to raise transaction fees for certain accounts.

Full article: http://sg.finance.yahoo.com/news/PayPal-end-partnership-r...

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