Alibaba, Mastercard Sign MoU Related to e-Commerce
March 28, 2013 at 12:09 PM EDT
Alibaba Group, China's largest e-Commerce company, and MasterCard (NYSE: MA ) have signed a Memorandum of Understanding (MOU) to explore future collaboration in the area of e-Commerce. The MOU aims to forge joint efforts to establish an enhanced e-Commerce environment to benefit consumers and small businesses within and outside China. The two parties