Sealand Capital, Partners Agree Licensing, Payment Services with WeChat

Features Dow Jones Newswires

Sealand Capital Galaxy Ltd. (SCGL.LN) has signed an agreement to become a party to a licensed operator agency agreement of WeChat Pay services in Hong Kong.

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The company engaged in the investment and acquisition of IT and social media businesses in the Asia-Pacific region said it will be collaborating with two partners, which will provide the licensing and payment gateway services.

WeChat is a mobile messenger app owned by Chinese internet giant Tencent Holdings Ltd.

-Write to Razak Musah Baba at razak.baba@wsj.com; Twitter: @Raztweet

(END) Dow Jones Newswires

September 08, 2017 08:59 ET (12:59 GMT)