Mobile payments may impact Alibaba’s IPO

Mobile Payments for ipad

Alibaba takes the last steps toward initial public offering in the US Chinese retail giant Alibaba is currently undergoing something of a transformation. Last year, the company’s founder, Jack Ma, stepped down as CEO to embrace pseudo-retirement. Ma has continued to play a central role in determining Alibaba’s future, which is beginning to look quite mobile-centric. Alibaba is preparing to submit its first major filings in its initial public offering in the U.S. and speculation concerning how the IPO will fare is running rampant. Focus on the mobile space has…

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