Private education company New Oriental (NYSE: EDU) has signed an agreement with Shanghai-based online payment service provider 99Bill to offer online payment for all New Oriental courses, reports Cnetnews. 99Bill had recorded 28 million registered users and 180,000 business partners by September 30, said the report.
Alibaba's online payment tool AliPay signed a contract to provide online payment services for New Oriental in early 2007.
Friday, November 14, 2008
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