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Mobile buying is taking off at Alibaba Group Holdings (BABA). The share of mobile transactions processed on Alipay, the online payment system affiliated with the China e-commerce giant, jumped to 54% of all transactions in the first 10 months of this year, up from 22% during all of 2013. Alipay says it is the world’s largest e-commerce platform, with a mobile payment volume that’s greater than both PayPal and Square combined. The increase was Scalper1 News
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