Bilibili obtains online payment license, moving into e-commerce

Bilibili (or B site), the Chinese video-sharing website, has obtained an online payment license after acquiring a majority stake in an online payment company, in preparations to launch its own e-payment service for more than 223 million monthly active users, according to the Chinese media outlet Caixin. In a deal worth 118 million RMB ($18.5 … Continue reading Bilibili obtains online payment license, moving into e-commerce