{"id":34535,"date":"2016-10-21T17:00:03","date_gmt":"2016-10-21T09:00:03","guid":{"rendered":"http:\/\/www.chinamoneynetwork.com\/?p=56622"},"modified":"2016-10-21T17:00:03","modified_gmt":"2016-10-21T09:00:03","slug":"everbright-idg-industrial-fund-injects-297m-in-china-unionpay-merchant-services","status":"publish","type":"post","link":"https:\/\/www.chinalegalblog.com\/en\/2016\/10\/21\/everbright-idg-industrial-fund-injects-297m-in-china-unionpay-merchant-services\/","title":{"rendered":"Everbright-IDG Industrial Fund Injects $297M In China UnionPay Merchant Services"},"content":{"rendered":"<img width=\"560\" height=\"366\" src=\"http:\/\/www.chinamoneynetwork.com\/wp-content\/uploads\/credit-card-8.jpg\" class=\"attachment-large size-large wp-post-image\" alt=\"credit-card\" style=\"display: block; margin: auto; margin-bottom: 5px;\" srcset=\"http:\/\/www.chinamoneynetwork.com\/wp-content\/uploads\/credit-card-8.jpg 560w, http:\/\/www.chinamoneynetwork.com\/wp-content\/uploads\/credit-card-8-300x196.jpg 300w\" sizes=\"(max-width: 560px) 100vw, 560px\" \/>Everbright-IDG Industrial Fund, a joint venture investment vehicle established by China Everbright Ltd. and IDG Capital Partners, has invested RMB2 billion (US$297 million) in China UnionPay Merchant Services Co., Ltd., an acquirer handling payment services for China UnionPay-labeled cards. After the completion of the transaction, Everbright-IDG Industrial Fund will become the second largest shareholder of [&#8230;]<p><br>Visit <a href=\"http:\/\/www.chinamoneynetwork.com\/\" title=\"China Money Network\"><b>ChinaMoneyNetwork.com<\/b><\/a> for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter <a href=\"http:\/\/www.twitter.com\/chinamoneypod\" title=\"Follow China Money Network on Twitter\">@chinamoneypod<\/a> subscribe to all episodes on <a href=\"http:\/\/www.itunes.com\/podcast?id=451002399\" title=\"Download and listen to China Money Podcast on iTunes\">iTunes<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" width=\"560\" height=\"366\" src=\"http:\/\/www.chinamoneynetwork.com\/wp-content\/uploads\/credit-card-8.jpg\" alt=\"credit-card\">Everbright-IDG Industrial Fund, a joint venture investment vehicle established by China Everbright Ltd. and IDG Capital Partners, has invested RMB2 billion (US$297 million) in China UnionPay Merchant Services Co., Ltd., an acquirer handling payment services for China UnionPay-labeled cards. After the completion of the transaction, Everbright-IDG Industrial Fund will become the second largest shareholder of [&hellip;]<\/p>\n<p>Visit <a href=\"http:\/\/www.chinamoneynetwork.com\/\" title=\"China Money Network\"><b>ChinaMoneyNetwork.com<\/b><\/a> for more daily finance news, including audio and video Internet podcasts covering important investment news and financial events in China. Follow us on Twitter <a href=\"http:\/\/www.twitter.com\/chinamoneypod\" title=\"Follow China Money Network on Twitter\">@chinamoneypod<\/a> subscribe to all episodes on <a href=\"http:\/\/www.itunes.com\/podcast?id=451002399\" title=\"Download and listen to China Money Podcast on iTunes\">iTunes<\/a>.<\/p>\n","protected":false},"author":151,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[807,194,1621],"tags":[7593],"class_list":["post-34535","post","type-post","status-publish","format-standard","hentry","category-investments","category-news-chinese-law","category-private-equity","tag-fund-news"],"_links":{"self":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/34535","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/users\/151"}],"replies":[{"embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/comments?post=34535"}],"version-history":[{"count":1,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/34535\/revisions"}],"predecessor-version":[{"id":34536,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/posts\/34535\/revisions\/34536"}],"wp:attachment":[{"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/media?parent=34535"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/categories?post=34535"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.chinalegalblog.com\/en\/wp-json\/wp\/v2\/tags?post=34535"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}