PayPal to enter China market through local acquisition
U.S. digital money transfer
platform PayPal Holdings Inc has obtained Beijing’s
approval to buy a controlling stake in a domestic payments firm,
which would make PayPal the first foreign firm to enter China’s
payment services market.
platform PayPal Holdings Inc has obtained Beijing’s
approval to buy a controlling stake in a domestic payments firm,
which would make PayPal the first foreign firm to enter China’s
payment services market.
Posted by Reuters
