Shares of Yahoo plunged after the statement over concern that the transfer may have eroded the value of Yahoo's holdings in Alibaba, one of its prized assets.
In a statement, Alibaba said the transfer was done to ensure Alipay could receive a licence to operate.
在一份声明中，阿里巴巴说这项转移是为了使支付宝能获得经营的第三方支付牌照。
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For example, the need for an online bank to support the transfer of funds between accounts is likely far more important than an Elbonian-language version of a monthly bank statement.