A partnership between PayPal (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 (ALBCF.PK), Tencent (TCEHY.PK), and China UnionPay.
A partnership between PayPal (EBAY) and leading Chinese e-commerce platform DHGate.com has...
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