Thursday , June 4 2020

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PayPal Acquires Gopay,  Granting The Payment Platform Access To China

Number one online payment platform  “Paypal” yesterday completed its acquisition of a 70% equity stake in GoPay (Guofubao Information Technology Co. [GoPay], Ltd.), making PayPal the first foreign payment platform to provide online payment services in China. The transaction was approved by the People’s Bank of China on September 30 …

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