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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. …



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