US EUROPE AFRICA ASIA 中文
    Business / Technology

    Tencent, Alibaba mobile payment spat

    (Xinhua) Updated: 2015-02-06 15:54

    Tencent, Alibaba mobile payment spat

    WeChat, now China's biggest instant messaging platform, is expanding its horizons and has become a primary e-commerce platform in its own right. [Provided to China Daily]

    SHANGHAI - Chinese Internet giant Tencent this week cut links between its popular mobile app WeChat and Alibaba's payment service, Alipay, just as users are rushing to use the services in run-up to the Spring Festival, which this year falls on Feb 19.

    Mobile payment is the latest bone of contention between the two giants, who have gone head-to-head over everything from taxi services to banking.

    Tencent's hugely popular social media service WeChat, which has 600 million users, on Monday closed the link that allowed Alipay users to send digital "red envelopes", gifts of money traditionally sent during the New Year holiday, to contacts on WeChat.

    WeChat's own payment service has struggled to gain ground against Alipay, which has 300 million users and dominates China's third-party payment market.

    Alipay had a market share of 83 percent by September 2014, while Tencent only had a 10 percent share.

    WeChat may hope that cutting off the Alipay link will push users to use Tencent's own service.

    Although Alibaba is the market leader in the online payment sector, sign-ups to its social networking app are lack luster, which is important for the spread of the virtual red envelopes.

    Tencent said it canceled links to some third-party platforms to protect users from fake "red envelopes" and fraud, while Alipay said it would continue to provide its service to WeChat and should users find the Alipay service blocked on WeChat, they could continue their transactions through their mobile browsers.

    Previous Page 1 2 Next Page

    Hot Topics

    Editor's Picks
    ...
    精品无码久久久久久尤物| 亚洲?v无码国产在丝袜线观看| 无码AV大香线蕉| 国产在线无码精品电影网| 最近免费中文字幕MV在线视频3| 无码视频在线观看| 日韩亚洲欧美中文高清在线| 久久久久亚洲AV无码专区桃色| 中文字幕无码无码专区| 欧美日韩v中文字幕| 精品无码人妻一区二区三区不卡 | 日韩人妻无码中文字幕视频| 中文www新版资源在线| 亚洲 欧美 中文 在线 视频| 国产a级理论片无码老男人| 亚洲国产精品无码久久久蜜芽 | 亚洲日韩中文无码久久| 亚洲av日韩av高潮潮喷无码| 日韩乱码人妻无码中文字幕视频| 中文字幕在线精品视频入口一区 | 日韩视频无码日韩视频又2021| 亚洲av日韩av无码| 亚洲2022国产成人精品无码区| 无码区日韩特区永久免费系列 | 色综合天天综合中文网| 亚洲日韩v无码中文字幕| 亚洲Av无码国产情品久久| 国产成人精品无码免费看| 日韩精品无码一区二区三区免费| 在人线AV无码免费高潮喷水| 精品欧洲AV无码一区二区男男| 日韩免费在线中文字幕| 狠狠综合久久综合中文88| 日韩精品中文字幕第2页| 精品久久久久久无码中文字幕| 久久超乳爆乳中文字幕| 亚洲日本欧美日韩中文字幕 | 五月天中文字幕mv在线女婷婷五月| 痴汉中文字幕视频一区| 亚洲欧美日韩在线中文字幕 | 亚洲看片无码在线视频|