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Alibaba.com CEO: Looking At Investment Opportunities Article
 HONG KONG (Dow Jones)--Alibaba.com Ltd. (1688.HK) Chief Executive David Wei said Thursday the company is looking at investment opportunities.

Wei, speaking at a shareholders meeting, didn't give details of the investment plan, but said the company plans to pay a cash dividend to shareholders if there aren't any appropriate targets.

Wei said the company, which serves as an online middleman for businesses, has cash of about CNY6.9 billion.

Chairman Jack Ma said it is too early to say whether the company will list its online platform taobao.com.

Ma also said Alibaba group's payment software unit, Alipay, aims to expand its business overseas. He didn't provide details.

Alibaba.com is the listed unit of Alibaba Group, which is 39%-owned by Yahoo Inc. (YHOO).

-By Lorraine Luk, Dow Jones Newswires; 852-2802-7002; lorraine.luk@dowjones.com