Women wearing masks to prevent the spread of the coronavirus chat as they pass by the ByteDance headquarters in Beijing, China on Friday, Aug. 7, 2020. Photo: AP
TikTok owner ByteDance buys UIPay to leverage e-payment capabilities at home
- Established in 2012, UIPay obtained a third-party payment licence from China’s central bank in 2014
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Women wearing masks to prevent the spread of the coronavirus chat as they pass by the ByteDance headquarters in Beijing, China on Friday, Aug. 7, 2020. Photo: AP