Jenny Chan 陳詠欣
Jan 19, 2015

China's internet finance brands take on big-four banks

MAINLAND CHINA - The country’s 'big four' banks (Bank of China, China Construction Bank, Industrial and Commercial Bank of China, and Agricultural Bank of China) are losing their dominance in market share to internet finance brands like Alibaba's Yu’e Bao and Tencent's WeBank.

Yu’e Bao, a pioneering internet-based wealth management product in China

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