Xiaomi Prepares To Fight Apple Pay In China – Business Intelligence Info

DATE : 2020年8月2日 By :

ApplemadebignewslastweekwhenitsmobilepaymentserviceApplePayenteredChina。

ButChinasupstartmobilephonebrandXiaomiisfightingback。

ChinasXiaomiacquireda65%stakeinJiefuRuitong,aChinesethird-partypaymentserviceproviderforanundisclosedsum。

JiefuRuitongreportedlycompletedanequitychangeonJanuary20,2016,butitsonlynowthatthefullinformationaboutthedealishittingthemedia。

Afterthechange,Xiaomiholdsa65%stakeinthecompanyandHohhotsShengyinHeruiholdsa32%stake。

LeiJun,founderofXiaomi,islegalrepresentativeandchairmanofJiefuRuitong。

Meanwhile,thelatestregisteredcapitalofJiefuRuitonghasreachedCNY100million。

JiefuRuitongistheoperatorofthethird-partypaymentsystemRuifutong。

BytheendofNovember2011,Ruifutongclaimedtohaveovertwomillionusers,realizedmorethanCNY2billionannualtrading,expandedover100cooperatingpartners,andestablishedover20,000ownedchannels。

ThisinformationcomesfromRuifutongswebsite,andupdateddataisnotimmediatelyavailable。

JiefuRuitongwasinitiallyestablishedbyHohhotsShengyinHeruiwithaninvestmentofCNY100million。

Itisahigh-techenterpriseengagedinthird-partypayments,andithasbeenapprovedbythePeoplesBankofChina。

ItisalsotheonlyorganizationinInnerMongoliathatcanoperateInternetpaymentandmobilephonepaymentbusinessesacrossthecountry。

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