ChinaPay/UnionPay Partners with Chinese/Overseas Joint Venture, Chinova to Develop and Operate a New Online Shopping Mall

STOCKHOLM, Sweden--(BUSINESS WIRE)--Chinova Information Technology, an e-commerce and payment joint venture company working closely with state-owned ChinaPay, is appointed partner for the development and operation of UnionPay’s online shopping mall for high quality domestic and overseas products and services. Chinova was formed earlier this year by the Chinese e-commerce and technology company LeiXun and the Swedish Payment Service Provider Paynova to take a leading role in B2C and cross-b

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