China approves PayPal's acquisition of a 70% equity stake in GoPay, making PayPal the first foreign payment platform to provide online payment services in China (Sarah Perez/TechCrunch)

China approves PayPal's acquisition of a 70% equity stake in GoPay, making PayPal the first foreign payment platform to provide online payment services in China (Sarah Perez/TechCrunch)


Sarah Perez / TechCrunch:

China approves PayPal’s acquisition of a 70% equity stake in GoPay, making PayPal the first foreign payment platform to provide online payment services in China  —  The People’s Bank of China has approved PayPal’s acquisition of a 70% equity state in GoPay (Guofubao Information Technology Co. …

China approves PayPal's acquisition of a 70% equity stake in GoPay, making PayPal the first foreign payment platform to provide online payment services in China (Sarah Perez/TechCrunch)
Source: Tech Meme