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Searching for "99Bill"
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Rumor: Baidu to Acquire Third-party Payment Operator 99Bill
TechWeb, 11/17/14
According to an industry source, Beijing-based internet company Baidu (Nasdaq: BIDU) will acquire Chinese third-party payment provider 99Bill for RMB 2 bln. Read More
Gongpingjia Secures USD 3.5 Mln Investment
Kuailiyu.com, 10/17/13
Chinese third-party used car price evaluation site Gongpingjia has received USD 3.5 mln in funding from venture capital firm Morningside Ventures. Read More
Rumor: 360Buy to Acquire Third-Party Payment Provider
Sohu IT, 9/27/12
Beijing-based B2C e-commerce platform 360Buy reportedly plans to acquire third-party payment service provider Chinabank Payments (Beijing) Technology, which holds an online payment license. Read More
Rumor: China Issues E-payment Licenses for Securities Purchases
21st Century Business Herald, 5/10/12
A source close to the China Securities Regulatory Commission (CSRC) has disclosed that Chinese third-party payment processors Alipay, Tenpay, and 99Bill have all been granted CSRC approval to provide third-party payment for the purchase of shares in investment funds and settling of accounts, and will receive their licenses to do so this week. Read More
360Buy Denies VAM Ended Alipay Partnership
Chengdu Evening News, 8/30/11
Liu Qiangdong, chairman of Beijing-based B2C e-commerce platform 360Buy, addressed rumors that 360Buy's recent decision to drop Alipay support was due to a valuation adjustment mechanism (VAM) agreement with private equity investors at the 2011 APEC SME Summit in Chengdu yesterday. Read More
IPS to IPO in 2013
China Business News, 6/20/11
Luan Yumin, chairwoman of Chinese third-party payment service International Payment Solutions (IPS), recently announced that the company has begun preparations to enter the capital market through an IPO sometime in 2013. Read More
La Miu Completes USD 20 Mln in Second-Round Funding
Wabei, 5/20/11
Chinese lingerie e-commerce site La Miu recently announced that it has finished securing USD 20 mln in second-round funding, led by Silicon Vally-based VC firm DCM. Read More
Rumor: China Payment Association to Hold Inaugural Meeting in May
Southern Metropolitan News, 5/19/11
According to multiple industry sources, the People's Bank of China (PBoC) yesterday announced that the Chinese Payment and Clearings Association will hold its first meeting in the Great Hall of the People in Beijing on May 23, 2011. Read More
Rumor: China's Third-Party Payment Firms Cut Overseas Ties
Oriental Morning Post, 5/13/11
A number of third-party payment processors applying for licenses from the People's Bank of China (PBoC), such as Tencent's (0700.HK) Tenpay, YeePay, 99Bill, and Lakala, are cutting ties with foreign investors, according to an industry source. Read More
Rumor: China to Launch Third-Party Payment Association in May
China Business News, 5/05/11
According to multiple sources in China's third-party payment industry, the People's Bank of China (PBoC) is preparing to formally launch the Chinese Payment and Clearings Association on May 6. Read More
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