![]() ![]() Both companies are taking a calculated gamble that they can access the other’s user base - and strengths - without cannibalizing too much of their own. Here’s the reality: even if the walled gardens are going to open up, it will probably be in a fairly controlled way. (WeChat dominates in mini-programs, apps that allow companies to build e-commerce sites or services within an ecosystem.) A report in the The Wall Street Journalthis month claimed that Alibaba might be about to go much further, and allow WeChat Pay to be used on its marketplaces. Alibaba has quietly launched at least two mini-programs on WeChat since April - one for its supermarket unit, Hema, and another that generates ticketing for travel business called Fliggy. Among a swath of internet reforms to be enacted over the next six months, China’s Ministry of Industry and Information Technology ordered that companies “rectify” the kind of linkblocking described above.īut the wall dividing the Alibaba-Tencent ecosystems could already be crumbling. ![]() Since 2013, the two companies have blocked interoperability between their platforms: Tencent’s payment systems can’t be used to buy goods on Alibaba’s e-commerce sites, while links to Alibaba sites can’t be shared easily on WeChat. “WeChat had a good hand, but played it poorly,” he once condescended.Įven so, Ma took the competition seriously. ![]() Jack Ma is fond of downplaying the rivalry between Alibaba, the e-commerce and fintech giant he founded, and Tencent, whose messaging app WeChat is ubiquitous in China. ![]()
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