Chris Yao to lead PayPal China

PayPal appoints Chris Yao to lead its growing payments business in China.
Chris Yao
Chris Yao

Signalling the increasing importance of the Chinese electronic payments market, PayPal has appointed Chris Yao vice-president of Greater China, a position that was previously part of Jeff Liao's role as president of Greater China, Southeast Asia and Japan for eBay.

I am very impressed by the rapid growth of e-commerce in Greater China and we see the momentum will continue to grow, said Farhad Irani, Singapore-based vice-president of Asia-Pacific for PayPal, in a statement. Yao reports to Irani.

Shanghai-based Yao will oversee all of the payment provider's business operations in China, Hong Kong, Macau and Taiwan. His duties includes growing PayPal's operation in these countries, absorbing the firm's recently announced...

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