Chinese lifestyle platform Xiaohongshu, also known as Rednote, has obtained a payment license by fully acquiring Oriental Electronic Payment, with its subsidiary Ningzhi Information Technology (Shanghai) becoming the sole shareholder after six previous owners exited. Oriental Electronic Payment, licensed by the People’s Bank of China, operates stored-value accounts and cross-border payments…
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Xiaohongshu acquires China payment license via full takeover of Oriental Electronic Payment
作者gocpmall
11 月 9, 2025