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A partnership between PayPal (NASDAQ:EBAY) and leading Chinese e-commerce platform DHGate.com...

Aug. 09, 2012 12:47 PM ETeBay Inc. (EBAY) StockEBAY, ALBCF, TCEHYBy: Eric Jhonsa, SA News Editor3 Comments
A partnership between PayPal (NASDAQ:EBAY) and leading Chinese e-commerce platform DHGate.com has unraveled: DHGate, which claims to have over 3M buyers and 20M product listings, says it no longer accepts PayPal as a payment method, due to mutual disagreements. The deal was PayPal's biggest in China, whose online payments market is dominated by Alibaba (OTC:ALBCF), Tencent (OTCPK:TCEHY), and China UnionPay.

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