Searching for "foreign exchange"
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According to an informed source, related Chinese government departments have released documents encouraging Chinese third-party payment services to apply for cross-border payment service trials. Read More
Beijing-based online matchmaking site operator Jiayuan.com International will reportedly IPO on the Nasdaq Global Market on May 11 under the ticker symbol "DATE," followed by the IPO of Chinese online, wireless and TV new media company Phoenix New Media (iFeng.com), a subsidiary of Phoenix TV (2008.HK), on the New York Stock Exchange on May 12 under the ticker "FENG." Read More
eBay's online payment platform PayPal today signed an exclusive agreement with the Chongqing municipal government to jointly develop an international e-commerce hub in Chongqing. Read More
The China Broadcasting Corporation (CBC), operator of China's CMMB mobile TV services, has announced that it will launch commercial operation of its Jingcai-branded financial and navigation broadcast-based data services on May 1. Read More
Polo Shao, president of Chinese third-party payment provider Alipay, revealed today that the Alipay had recently received a response from the State Administration of Foreign Exchange permitting the service to offer its users the option of purchasing goods from overseas with direct RMB payments. Read More
Six Chinese ministries including the People's Bank of China and Ministry of Commerce have issued a joint letter requiring financial institutions to provide credit, financing and foreign exchange support to the service outsourcing industry. Read More
In a television interview, Chinese online broadcasting firm Netmovie has revealed it cooperates with 20,000 Internet cafes, and in 2008 realized operating revenues of RMB 200 mln. Read More