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The move comes as China implements renewed curbs against the Covid-19 pandemic, dampening travel and prompting more people to stay online at home.
TikTok sister app Douyin launches payment service, picks up deal for Spring Festival Gala ByteDance-owned Douyin is said to have replaced Pinduoduo as the exclusive ‘virtual red packet’ partner of CCTV for this year’s Spring Festival Gala broadcast The new Douyin Pay mobile payment service thrusts ByteDance as a major competitor to Ant Group’s Alipay and Tencent’s WeChat Pay