InvestorsHub Logo
Followers 133
Posts 8636
Boards Moderated 0
Alias Born 05/02/2009

Re: None

Friday, 08/10/2012 10:20:56 PM

Friday, August 10, 2012 10:20:56 PM

Post# of 173
PayPal out of China?

The skids are greased.

Look for a very nice 10-Q on Tuesday.


http://my.news.yahoo.com/paypal-loses-biggest-asia-partner-110307532.html



As for PayPal, it’s a blow to its shaky efforts in Asia - and leaves the online payment platform without any major partnership in mainland China. Chinese online shoppers mostly use a mix of Alibaba’s Alipay, Tencent’s Tenpay, and the Maestro-esque UnionPay.


NOTE: TBOW and ChinaUnionPay are partners.