Tag: wechat

Apple may face challenges in bringing its mobile payments service to China

Stephen Vagus
apple pay store augmented reality

Apple Pay could have trouble entering the Chinese market Apple may be facing a conflict with China’s banks and e-commerce companies as it seeks to bring its mobile payments service to the country. Following its initial success, Apple Pay is beginning to expand, but it could face severe competition from both Tencent and Alibaba, which currently dominate the Chinese mobile payments space. China is one of the largest and most active markets in the world, boasting of more than $960 in payments in 2014. Apple Pay trial finds modest success…

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Mobile commerce could thrive in Southeast Asia

Sam Lambert
mobile commerce asia pacific

Study highlights the potential of Southeast Asia as a prominent  retail market Southeast Asia may be a massive mobile commerce market that has not yet been tapped into, according to a study by UBS. The study shows that online spending throughout the region is likely to reach $35 billion by 2020, driven by the growing adoption of mobile commerce among consumers. Many people in the region are gaining access to smartphones and tablets, and their interest in mobile commerce has grown along with this. Lazada begins seeing more online traffic…

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Tencent is growing bolder in the mobile commerce space

Stephen Vagus
China Mobile payments technology commerce

Mobile commerce competition is intensifying in China As China’s mobile commerce market continues to boom, Tencent is beginning to feel extreme pressure due to competition from Alibaba. Competition in the mobile space is growing fierce, but Alibaba currently controls 84% of the market. Tencent does hold a strong place in China and beyond, however, because of its popular WeChat messaging application and mobile gaming platform. Tencent has been working to turn its messaging app into a mobile commerce service with the help of JD.com. Tencent hopes to expose millions of…

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Alibaba finds success with mobile commerce solution Alipay

Stephen Vagus
China Mobile payments technology commerce

More consumers are embracing mobile commerce in China, turning to Alipay to get their shopping done online Mobile shopping is exploding in China. The country has become one of the leading mobile commerce markets in the world, largely thanks to the companies that are making it easier for consumers to participate in this sector. Alibaba is one of China’s leading e-commerce organizations and the company has been expressing a strong interest in the mobile field for years. The company’s Alipay platform, which makes mobile transactions possible, has reached a new…

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QR codes from WeChat banned on the Weibo platform

Julie Campbell
WeChat app qr codes

As the rivalry between the companies rages on, quick response codes have become the next battleground. The popular Chinese social media network, Weibo, has now announced that its users will no longer be able to use QR codes and other forms of promotion for its primary rival, WeChat, on its platform. A statement from Weibo has revealed that it will be halting users from sharing WeChat quick response codes. The rivalry between these two Chinese platforms has been rapidly building recently and this statement against the ability to use the…

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