Ripple makes an entrance in the Chinese market with recent partnership478.93

Ripple plans to enter the market of Chinese e-commerce after announcing their partnerships with a Hong Kong based payment provider, LianLian. Chinese e-commerce platforms are currently the largest in the world and it would highly benefit Ripple to join the market. Ripple aims to give the users of China's e-commerce market to enable make cross-border payments quicker and more cost efficient that they were not able to provide before. Cross-border payments related to China's e-commerce market reached $1.07 trillion in 2017 according to the Director of joint venture partnerships at Ripple, Emi Yoshikawa.
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