Alibaba Embraces Tencent’s WeChat Pay as China’s Tech Walls Fall

  • Taobao and Tmall to allow shoppers to pick its rival’s service
  • The decision brings down one of the biggest app barriers
An advertisement for Tencent Holdings Ltd.'s WeChat Pay in Hong Kong.Photographer: Chan Long Hei/Bloomberg
Lock
This article is for subscribers only.

Alibaba Group Holding Ltd. will finally let shoppers check out via Tencent Holdings Ltd.’s WeChat Pay, eradicating one of the biggest barriers between the Chinese tech leaders’ competing online ecosystems.

The Taobao and Tmall shopping platforms will allowBloomberg Terminal its hundreds of millions of shoppers to select WeChat Pay — by far China’s most popular online payments service. In the past, Alibaba had favored Alipay, the option created by affiliate Ant Group Co.