Hannah Qiu

PayPal expects more cross-border e-commerce from China despite geopolitical uncertainties

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PayPal expects more cross-border e-commerce from China despite geopolitical uncertainties

As PayPal expands in China, the American digital payments platform expects local merchants selling abroad to see cross-border e-commerce continue to grow despite mounting geopolitical and regulatory challenges. “We are seeing meaningful interest from [Chinese] merchants as they are seeking to expand to go both to Europe as well as the US, and we feel … Read more

PayPal courts cross-border merchants in Shenzhen with expanded services in China

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PayPal courts cross-border merchants in Shenzhen with expanded services in China

US digital payments platform PayPal is stepping up efforts to support Chinese cross-border merchants with the launch of new services in Shenzhen, tapping into booming exports from the country despite economic headwinds. PayPal’s China business recorded double-digit growth in the past year, Hannah Qiu, senior vice-president and China CEO of PayPal, said at a company … Read more