Last year, the company launched a version of its service hosted in China and took an investment from Chinese private-equity firm CBC Capital.

WSJ: For App Makers, China Is Untapped and Untamed

In May Chinese officials suggested the role of private capital in railways, energy and other industries might be expanded.

ECONOMIST: State-owned enterprises

The best way for China to stimulate real consumer growth and spending is to remove the barriers to growth for the Chinese private sector, so that they obtain needed capital to grow at home in China.

FORBES: China's Outdated Practice Of Capitalism

Chinese regulators had set a Jan. 1, 2013 deadline for private banks to hold more capital in line with international rules.

FORBES: Port In A Storm: An Interview With China Merchants Group