Alibaba hires Rothschild banker as head of corporate finance

Michael Yao, whose experience also includes a 13-year stint with Goldman Sachs, joins the e-commerce giant at a time when most observers believe it is preparing for a future IPO.
<div style="text-align: left;"> Michael Yao is joining Alibaba as head of corporate finance </div>
<div style="text-align: left;"> Michael Yao is joining Alibaba as head of corporate finance </div>
October 29, 2012

Alibaba, China’s biggest e-commerce company, has hired former investment banker Michael Yao for a new role as head of corporate finance, according to sources.

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