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Alibaba and Tencent to Open up Services to Each Other

Alibaba and Tencent to Open up Services to Each Other

Jul 16, 2021
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Alibaba and Tencent to Open up Services to Each Other
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(Source: The Grey Rhino)

China’s two online competitors, Alibaba and Tencent, are gradually considering opening up their services to each other, according to a Wall Street Journal report on Wednesday.

Alibaba’s plans to introduce Tencent’s WeChat Pay to its own e-commerce platforms, Taobao and Tmall. In return, Tencent may allow Alibaba’s e-commerce infor…

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