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Alipay splits division
By Ding Yining |
December 20, 2011, Tuesday
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Print Edition
Print Edition
CHINA'S biggest online payment platform Alipay said it will split a division that operates a reward points program for customers who shop online.
With a registered capital of 10 million yuan (US$1.6 million), the new firm - Jifenbao - allows users to swap reward points from domestic banks and telecom operators.
With a registered capital of 10 million yuan (US$1.6 million), the new firm - Jifenbao - allows users to swap reward points from domestic banks and telecom operators.
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