Xiaomi Attempts to Disrupt Financial Services Industry

By Chris DeAngelis | 12/1/14 9:00 AM

Xiaomi is the latest of a long list of Chinese internet companies making real efforts in disrupting the financial services industry in China.  At the same time, Tencent and Alibaba's online banks gets formal government approval. Following on the footsteps of Alibaba’s Ant Financial Group and Tencent’s WeBank, other companies continue to enter the field.  Here is a brief list of some of the major entrants to date:

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