99Bill Corporation

99billBrief introduction

99Bill Corporation is an Internet company focusing on providing online payment platform services to facilitate online transactions in China. The Company is the first company in China offering email and mobile phone number based online payment platform and solutions. Our investors include seasoned China Internet industry entrepreneurs and international venture capitalists.

The Company’s founding members are seasoned entrepreneurs in China’s Internet industry and have extensive experience in product development, technology innovation, market expansion, corporate management and capital financing.

Under the “99Bill” brand, the Company’s products and services aspire to support a safe and convenient transaction environment and establish secure, fast and confidential payment platform for e-commerce operators, Internet content providers and individual users. With an email address and/or a mobile phone number in China, our registered users can send and receive money easily, promptly and securely. “99Bill” is the number one choice for making money and sending payment online.

Comment: As an established online payment service provider, 99bill’s selling point is that it realize the limit of credit card payment in China. They found alternative payment solution for people who don’t have credit card, such as prepaid charge card.

Name: 99bill

Company: 99Bill Corporation

Private or public: private

Address: 11th, Floor, Real Estate Mansion, #201, Nan Quan Bei Lu, Pudong, Shanghai, China

Contact information: TEL: 86-21-58779699 FAX: 86-21-58796589

User base: 30 million

Market share: 4.9%[1]

Relevant news stories

Cooperation with Baidu.com

99Bill provides online payment solutions to leading Chinese search engine Baidu.com, According to the partnership agreement, 99Bill will provide secure, real-time and convenient online payment platform to support Baidu’s “Pay for Performance” and “Movie Search” services.  99Bill will also offer relevant products and services to Baidu’s customers and users, such as bank card processing services, online payment and merchant tools, as well as basic account management tools to track account details and transaction history.

Cooperation with Sohu.com

99bill will provide online payment solution to leading portal website sohu.com

[1] According to http://www.zj.xinhuanet.com/newscenter/2009-06/05/content_16728183.htm

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