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China rebukes 43 apps including Tencent's WeChat for breaking data transfer rules

China rebukes 43 apps including Tencent's WeChat for breaking data transfer rules
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Alibaba to open up deals app in concession to antitrust campaign

A food delivery worker exits the campus of the Alibaba Group Holding Ltd headquarters in Hangzhou, China. Alibaba is planning to set up a Taobao Deals lite app on Tencent’s WeChat and has already invited some merchants to participate, according to the people. Bloomberg
China’s largest e-commerce operator Alibaba Group Holding Ltd is planning to offer its fast-growing bargains service on rival Tencent Holdings Ltd’s WeChat messaging platform in a major concession to regulators seeking to to crackdown on monopolies in the Internet sphere, according to people with knowledge of the matter.
Alibaba and Tencent have long excluded each other’s services from their platforms, creating so-called walled gardens within their ecosystems. Now, Alibaba is planning to set up a Taobao Deals lite app on Tencent’s WeChat and has already invited some merchants to participate, according to the people. Selling through the WeChat super-app means the merchants will now be able to acce ....

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Tencent's WeChat doubled commerce on mini programs in 2020

Tencent Holdings Ltd’s WeChat recorded more than US$240bil (RM970.56bil) of online transactions on its mini programs last year, after more shoppers turned to the platform to buy daily necessities such as fresh fruit and vegetables during the pandemic. ....

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