PayPal Holdings has appointed Hannah Qiu as its senior vice president and chief executive officer in China, while Waterdrop has hired former Uxin Group’s chief technology officer Hui Qiu.
PayPal appoints Hannah Qiu as China CEO
PayPal Holdings has appointed Hannah Qiu as senior vice president and CEO in China, the online payment giant announced on WeChat on August 17.
The move follows PayPal picking up 70 per cent stake in Chinese online payment player Guofubao Information Technology in December last year and closing a deal with UnionPay earlier in January.
In her new role, Qiu will lead business development and strategy execution in China. She will report to PayPal’s chief of strategy Jonathan Auerbach.
Before joining PayPal, Qiu had worked as the co-general manager at Ping An’s OneConnect for four years.
Waterdrop hires new leadership
Chinese tech giant Tencent-backed online insurance platform Waterdrop has roped in former Uxin Group’s chief technology officer Hui Qiu as a partner and CTO, according to local media reports.
Qiu will help Waterdrop to advance technology and innovation capacities.
Prior to this role, Qiu was a CTO in the Nasdaq-listed Chinese online used car dealer Uxin Group from 2014 to February 2020. Qiu resigned from Uxin back in February and she will continue to serve as a technology consultant for the company, Uxin filed an announcement on Nasdaq.