The West Australian |
PayPal Aims to Challenge Alibaba With China Payments
Bloomberg EBay Inc. (EBAY)'s PayPal unit aims to be the first foreign operator with a license to process electronic payments in China, allowing it to challenge local companies including Alibaba Group Holding Ltd. (ALIBABZ)'s Alipay affiliate. PayPal to tap domestic e-payments market in China, India PayPal eyes India entry next year PayPal to expand in Asia after mobile app launch |
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