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Shangai Pudong Development Bank

News stories featuring Shangai Pudong Development Bank:

Chinese banks sign up for China Telecom NFC wallet launch

December 3rd, 2013

Mobile network operator China Telecom is to launch an NFC mobile wallet in China later this year, in cooperation with more than a dozen financial institutions. More than 30m NFC-enabled SIM cards will be distributed… More

China Mobile and China UnionPay launch NFC payments service

June 11th, 2013

China Mobile, the world’s largest mobile network operator, and Chinese bank card association China UnionPay have announced that their NFC payments service is now live in more than fourteen Chinese cities, including Shanghai, Beijing and… More

Chinese carriers’ NFC plans emerge

December 7th, 2012

China Mobile, the country’s largest mobile operator, has reached agreements with subway and bus companies in 30 cities to allow users to make payments through mobile phones next year, reports Caixin Online. Pilot programs will… More

China Mobile to unveil its NFC payments service on 5 December

November 28th, 2012

China Mobile, the world’s largest mobile network operator with close to 700m subscribers, is to demonstrate its NFC payments platform for the first time on 5 December at its Worldwide Developers Conference. China Mobile describes… More

China Mobile preps NFC payments phone

July 11th, 2012

The world’s largest mobile network operator has completed development of a China Mobile Wallet running on an NFC version of the Coolpad 8870 smartphone and will begin shipping the device in the third quarter of 2012. More

China Mobile confirms purchase of stake in Shanghai Pudong Development Bank

China Mobile confirms purchase of stake in Shanghai Pudong Development Bank

March 10th, 2010

China Mobile has agreed to pay $5.8 billion for a 20% stake in Shanghai Pudong Development Bank (SPD Bank), making the mobile network operator the second largest shareholder in the bank. Shareholders in China Mobile… More

China Mobile to buy stake in Shanghai Pudong Development Bank?

China Mobile to buy stake in Shanghai Pudong Development Bank?

February 26th, 2010

Bloomberg reports that China Mobile may be about to buy a 20% stake in Shanghai Pudong Development Bank at a cost of 40bn yuan (about $5.9bn). The move, if confirmed, would give China Mobile’s new… More

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