Posts Tagged: wechat payments


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Tencent radically shakes up its ecommerce strategy as it takes a 15 percent stake in Alibaba rival JD

Tencent (HKG: 0700), the tech giant behind China’s QQ and WeChat messaging apps, is radically shaking up its ecommerce operations by formi...

  • March 10, 2014
  • at 11:07 am
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China WeChat Red Envelope

Chinese WeChat users sent out 20 million cash-filled red envelopes to friends and family within two days

Last week WeChat, the popular Chinese messaging app, launched a feature letting users based in China gift money to friends and family. The f...

  • February 5, 2014
  • at 2:15 pm
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You can now pay for your coffee inside WeChat as brands get permission to do purchases in the app

Starting today, Chinese consumers will be able to buy almost anything inside WeChat

WeChat, the popular messaging app made by Tencent, is pushing even further into mobile commerce territory. Today Tencent (HKG:0700) added su...

  • March 5, 2014
  • at 1:36 pm
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Pot calling the kettle black? Alibaba’s Alipay says WeChat is full of counterfeit items

Just a year or two ago, Alibaba’s Alipay was really the only game in town when it came to online payments in China. It dominated its c...

  • October 18, 2013
  • at 9:00 am
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