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Multinational companies active in entering new sectors in China - China Economy News
Economy

Multinational companies active in entering new sectors in China

Hannah Qiu China CEO of PayPal said that the online payment giant has been operating in China for more than a year.
Startup founders dream big in poetic Shanghai suburbs - China In Focus News
In Focus

Startup founders dream big in poetic Shanghai suburbs

Its like eating glasses staring into the abyss said Elon Musk co founder of PayPal and Tesla quoting a friend of his.
Yahoo completely shutting down Chinese mainland operations - China Tech News
Tech

Yahoo completely shutting down Chinese mainland operations

A notification from PayPal says that if a users account has a Yahoo mailbox the e mail address should be changed as soon as possible.
PayPal to let UK users buy, hold and sell cryptocurrency - China Tech News
Tech

PayPal to let UK users buy, hold and sell cryptocurrency

PayPal on Monday said it will this week begin to allow users in Britain to buy, hold and sell cryptocurrency through the online payment platform for the first time.
A Tesla for a bitcoin: Musk drives up cryptocurrency price with US$1.5b purchase - China Auto News
Auto

A Tesla for a bitcoin: Musk drives up cryptocurrency price with US$1.5b purchase

Investors anticipated other companies will soon join a list of firms that invest in or hold bitcoin including BlackRock Inc the world s largest asset manager and payments companies...
Brash billionaire: Tesla CEO Musk world's wealthiest person - China Auto News
Auto

Brash billionaire: Tesla CEO Musk world's wealthiest person

He followed that success with the creation of the online bank X.com which was later merged into PayPal which eBay bought in 2002 for US 1.5 billion.
China's e-yuan gets tested at the grassroots ahead of rollout - China In Focus News
In Focus

China's e-yuan gets tested at the grassroots ahead of rollout

That element of consumer privacy changed with the advent of electronic payment systems like Alipay WeChat and PayPal which allow service providers access to transaction information.
Cash will live on for the foreseeable future - China Opinion
Opinion

Cash will live on for the foreseeable future

That trend which has been replicated across the developed world has given a further boost to digital banking and non bank payment system providers. Apple Pay and PayPal are doing...
US-China financial decoupling 'not happening' despite rhetoric: veteran China watcher - China Finance News
Finance

US-China financial decoupling 'not happening' despite rhetoric: veteran China watcher

They highlighted several examples such as PayPal which in 2019 acquired a 70 percent stake in the Chinese firm GoPay and Goldman Sachs which in March 2020 received approval to step...
Facebook reveals Libra cryptocurrency, with lofty goals - World News
World

Facebook reveals Libra cryptocurrency, with lofty goals

The name Libra was inspired by Roman weight measurements the astrological sign for justice and the French word for freedom said David Marcus a former PayPal executive who heads...
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