News from Sina Tech News on the afternoon of January 23, in response to online coverage”PinduoduoPinduoduo officially responded that it would not comment on the “official acquisition of PayPay Pass to obtain a payment license.”
According to reports from the self-media Payment Encyclopedia, Shanghai PayPay Information Service Co., Ltd. completed the business information change, and Shanghai E-Yi Information Technology Co., Ltd. became PayPay's largest shareholder with a 50.01% shareholding ratio, while the actual controller of Shanghai EasyPay Information Technology Co., Ltd. was Chen Lei, co-founder of Pinduoduo.
Previously, there had always been rumors in the market that Pinduoduo was seeking to acquire a third party payment license. The most rumored acquisition target was Pay Pass, but the cooperation between the two parties did not make substantial progress for a long time. Now that Shanghai Yi Yi Information Technology Co., Ltd. has taken a stake in PayPay Pass, it probably means that Pinduoduo has already obtained a payment license. (Dapeng)