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Commerce Blog

Insights and Trends to Empower Your Digital Commerce Strategy

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October 2, 2019
U.S. digital money transfer platform PayPal Holdings Inc(PYPL.O) has obtained approval from China’s central bank to buy a 70% stake in Gopay Information Technology. This will make PayPal the first foreign firm to enter China’s payment services market. Gopay has the capabilities for mobile, online, and cross-border yuan payment services. China’s central bank had announced last year that it was...
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