{"id":299362,"date":"2021-09-28T16:07:04","date_gmt":"2021-09-28T16:07:04","guid":{"rendered":"https:\/\/www.mobileworldlive.com\/?p=328681"},"modified":"2021-09-28T16:07:04","modified_gmt":"2021-09-28T16:07:04","slug":"alibaba-adds-rival-wechat-pay","status":"publish","type":"post","link":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/2021\/09\/28\/alibaba-adds-rival-wechat-pay\/","title":{"rendered":"Alibaba adds rival WeChat Pay"},"content":{"rendered":"

<\/p>\n

\tE-commerce giant Alibaba Group reportedly added WeChat Pay as a remittance option\u00a0in an effort to alleviate pressure from Chinese authorities related to its market dominance.<\/p>\n

CNBC reported users of Alibaba incorporated the payment method to e-book app Shuqi, ticketing service Damai and e-commerce platform Koala, with plans to extend it to more services in the future.<\/p>\n

The e-commerce giant reportedly also plans to gradually add more payment options as it moves away from relying solely on subsidiary Ant Group’s Alipay service.<\/p>\n

Various media connected Alibaba’s move with an attempt\u00a0to comply with tighter regulations [1] being imposed on tech companies by Chinese authorities, including a recent order from the Ministry of Industry and Information Technology requiring businesses to stop blocking hyperlinks to rival services and content.<\/p>\n

Domestic authorities fined Alibaba CNY18.2 billion [2] ($2.8 billion) earlier this year for stifling competition in the online retail market and pressed the company to restructure [3].<\/p>\n

[1] https:\/\/www.mobileworldlive.com\/asia\/asia-news\/china-seeks-input-on-draft-anti-monopoly-rules
\n[2] https:\/\/www.mobileworldlive.com\/asia\/asia-news\/alibaba-fined-2-8b
\n[3] https:\/\/www.mobileworldlive.com\/asia\/asia-news\/ant-group-details-restructuring-blueprint<\/p>\n\n

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E-commerce giant Alibaba Group reportedly added WeChat Pay as a remittance option\u00a0in an effort to …<\/p>\n

The post Alibaba adds rival WeChat Pay<\/a> appeared first on Mobile World Live<\/a>.<\/p>\n<\/div>","protected":false},"author":211,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"slim_seo":{"title":"Alibaba adds rival WeChat Pay - ITTeacherITFreelance.hk","description":"E-commerce giant Alibaba Group reportedly added WeChat Pay as a remittance option\u00a0in an effort to ... The post Alibaba adds rival WeChat Pay appeared first on M"},"footnotes":""},"categories":[11,8,21],"tags":[9860,9861],"_links":{"self":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/299362"}],"collection":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/users\/211"}],"replies":[{"embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/comments?post=299362"}],"version-history":[{"count":1,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/299362\/revisions"}],"predecessor-version":[{"id":299363,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/posts\/299362\/revisions\/299363"}],"wp:attachment":[{"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/media?parent=299362"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/categories?post=299362"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itteacheritfreelance.hk\/wordpress\/index.php\/wp-json\/wp\/v2\/tags?post=299362"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}