Chinese lifestyle platform Xiaohongshu, commonly referred to as Rednote, has successfully acquired a payment license through the full acquisition of Oriental Electronic Payment. This strategic move sees Ningzhi Information Technology (Shanghai), a subsidiary of Xiaohongshu, becoming the sole shareholder after the exit of six previous owners. Oriental Electronic Payment, which is licensed by the People’s Bank of China, specializes in managing stored-value accounts and facilitating cross-border payments. This acquisition is expected to enhance Xiaohongshu's financial services and expand its capabilities in the competitive digital payment landscape.
Original from TechNode.com: Xiaohongshu acquires China payment license via full takeover of Oriental Electronic Payment
Xiaohongshu acquires China payment license via full takeover of Oriental Electronic Payment
RobotToday Initiative
Robotics needs a service framework.
RSF defines a common language for robot service capability, lifecycle operations, certification pathways, and service-provider networks.
Leave a comment