In China, a “red envelope war” has broken out Online. With the Chinese New Year here, mobile companies are vying with each other to get a pie of the Online gift market. For instance, Alipay, the e-payment service backed by Alibaba Group Holding Ltd, on Sunday launched a service to help companies give gift envelops on WeChat. This is seen as a counter to Tencent. We bring you reports from China on what’s happening on this front.
We bring you reports from China on what’s happening on this front.
http://news.google.com Feb 16, 2015
More importantly, the gift envelopes that are generated and paid through Alipay’s platform can be sent on WeChat, China’s most widely used chat application backed by Alibaba’s major rival Ten…
AliPay’s New Features Betray Intense Fear of WeChat – Beijing Today
http://news.google.com Feb 1, 2015
As WeChat Payment becomes the platform of choice for settling online accounts, Alibaba is fighting back with its increasingly neglected AliPay Wallet. On January 26, the….
Red envelope fight flares among Internet giants – ecns
http://news.google.com Feb 13, 2015
In subways, offices or restaurants, smartphone users are opening electronic red envelopes on social media platforms such as WeChat and Weibo or with e-payment tools such as Alipay Wallet. “How much . …
Share This
