Alibaba to allow payment through Tencent's WeChat Pay for the first time on e-commerce apps

By CNBC | Sep 4, 2024 at 06:33 AM EST

Alibaba's Taobao and Tmall are expected to start accepting WeChat Pay this month, aiming to boost growth in their China e-commerce business. With WeChat's vast user base and market influence, this move could expand Alibaba's reach in untapped Chinese regions.

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