China's ByteDance buys UIPay to leverage e-payment capabilities at home
https://www.reuters.com/article/us-china-bytedance-fintech/chinas-bytedance-buys-uipay-to-leverage-e-payment-capabilities-at-home-idUSKBN25V0NE
ByteDance, the owner of popular short-video app TikTok, said it has acquired a Chinese third-party payment service UIPay in a bid to leverage its domestic payment capability.