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Alibaba and Tencent Expected to Take Greater Market Share in China’s Growing Fintech Market
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Alibaba and Tencent Expected to Take Greater Market Share in China’s Growing Fintech Market

Alibaba and Tencent Expected to Take Greater Market Share in China’s Growing Fintech Market

Fintech Nexus Staff·
Asia/PacFintechNews Roundup
·Mar. 27, 2017·1 min read

Fintech is expected to generate $65 billion in sales by 2020 and Alibaba and Tencent are projected to capture half of the market; this would significantly increase valuations for both large e-commerce firms; online payments growth is also projected to be significant, supporting further value increases for both firms.  Source

  • Fintech Nexus Staff
    Fintech Nexus Staff

    This piece was created by one of our content team members. Reach us at [email protected]

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