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Companies

Tencent’s Highest-Growth Business Deserves Your Attention

“Tencent has two main payment platforms, Tenpay and WeChat Pay (also known as WePay). Tenpay is a PayPal-like feature that was developed for Tencent’s older messaging app, QQ. The platform was eventually expanded to its newer mobile messaging platform, WeChat, as WeChat Pay (also known as WePay and Weixin Pay). The two platforms are now often […]
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Companies

Tencent Launches New Online Shopping Feature in WeChat App, in a Challenge to Rivals Alibaba and JD

“Tencent has launched tools to help merchants build virtual shops on its wildly popular WeChat messaging service in China, pitting itself against the country’s major online shopping giants Alibaba and JD.com. Businesses and merchants will be allowed to sign up for a test of the e-commerce product, known as WeChat Minishop. WeChat is China’s most popular […]