Seeking Alpha

American Express (AXP +1.5%) will offer an online payment service with Tencent Holdings...

American Express (AXP +1.5%) will offer an online payment service with Tencent Holdings (TCEHY.PK) in its first collaboration with an electronic payment partner in China. The agreement will allow users of Tencent’s online service to make purchases outside China. Alibaba now takes 45% of such third-party online payments in China; Tencent's share is 21%.
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector