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|Paypal to expand into China by end of year|
| 5:04 am on Jul 7, 2005 (gmt 0)|
[Hopefully Paypal will expand to cover the whole world.]
Online auctioneer eBay Inc. said on Wednesday its plans to launch its PayPal payment service in China by the end of this year, joining a growing list of electronic payment services in the market.
"It will happen within this year, but no date has been announced," an eBay spokesman told Reuters. "We will have an announcement event when there are more details."
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