Baidu launches mobile payment platform

Tuesday 15 April 2014 00:59 CET | News

China-based search engine provider Baidu has formally launched its mobile payment platform dubbed ‘Baidu Wallet’.

Baidu Wallet provides money transfer, payment and wealth management services.

Baidu provides a range of services including a Chinese language search engine for websites, audio files and images. The company offers 57 search and community services including Baidu Baike, an online collaboratively-built encyclopedia and a searchable keyword-based discussion forum.

In recent news, Baidu has received a third-party fund payment license from regulators, which will enable the expansion of its share in the booming online personal wealth management market in China.

Check out our Cross-border Ecommerce Research section here for more info on specific ecommerce facts & figures, preferred payment methods, risk and fraud, as well as ecommerce legislation & regulation in China.

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Keywords: Baidu, mobile, payment, platform, wallet, China, money, Transfer, payment, wealth, management
Categories: Payments & Commerce
Countries: World
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