Alibaba's Ant Financial Services Group took a big step in its global growth strategy by acquiring US-based MoneyGram for $880 million. ...
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iResearch says China’s 2016 mobile payments market was worth $2.8 trillion vs $62.5 billion in the US in 2017. WeChat (owned by Tencent) has 768 million app users, up 35% in one year. ...
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