PayPal has become the first foreign company to own 100 percent of a payments platform in China as the financial technology company gobbled up the rest of GoPay, according to a Thursday (Jan. 14) Reuters report. PayPal had acquired a 70 percent equity stake in...
Payments company PayPal recently acquired Chinese payment platform GoPay, and it wants to continue to complete such deals, according to a report by The Wall Street Journal. The company wants to pursue acquisitions throughout 2020. “There’s a lot of opportunities to acquire companies inorganically,” Chief...
In today’s top news, Facebook is developing its own operating system to increase its independence, and PayPal is acquiring a 70 percent stake in China’s GoPay, making it the first foreign online-only payments platform to be licensed in China. Also, Ant Financial buys a stake...
For PayPal, eyeing growth and eyeing new markets, the gaze is, at least in part, turned eastward. News came Thursday (Dec. 19) that the company has closed its deal to buy a majority equity stake in China’s GoPay (the formal, official name of the company...
November 29, 2021
Digital wallet GoPay is teaming with Bank Jago, the technology bank from Indonesia, to work on more streamlined digital banking to help the vast number of unbanked and underbanked people in the country, a press release says. Under the partnership, the Gojek application will enable customers to open a Jago bank account right away. That […]
January 14, 2021
PayPal has become the first foreign company to own 100 percent of a payments platform in China as the financial technology company gobbled up the rest of GoPay, according to...
December 23, 2019
Payments company PayPal recently acquired Chinese payment platform GoPay, and it wants to continue to complete such deals, according to a report by The Wall Street Journal. The company wants...
December 20, 2019
In today’s top news, Facebook is developing its own operating system to increase its independence, and PayPal is acquiring a 70 percent stake in China’s GoPay, making it the first...
