By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
BRICS Global Television NetworkBRICS Global Television NetworkBRICS Global Television Network
  • Home
  • TV Channels
  • Video Library
  • Weather
  • BRICS
    • B – Brasil
    • R – Россия (Rossiya)
    • I – भारत (Bhārat)
    • C – 中国 (Zhōngguó)
    • S – South Africa
    • BRICS Plus
      • A – Argentina
      • E – مصر (Misr)
      • E – ኢትዮጵያ (Ityop’iya)
      • I – ایران (Irān)
      • S – السعودية (Al-Su’udiyya)
      • U – الإمارات العربية المتحدة
    • BRICS Partner States
      • A – الجزائر
      • B – Bolivia
      • B – Беларусь
      • C – Cuba
      • K – Қазақстан
      • I – Indonesia
      • M – Malaysia
      • N – Nigeria
      • T – ประเทศไทย
      • T – Türkiye
      • U – Uganda
      • U – Oʻzbekiston
      • V – Việt Nam
  • Sports
  • International
  • Features
    • Hearts and Plates
    • Saudi Vision 2030
    • Business and Finance
    • Technology and Trends
    • Arts and Culture
    • Health and Lifestyle
    • Food and Agriculture
    • Travel and Exploration
    • BGTN Cares
Reading: Alibaba breaks down walls, embraces WeChat Pay on Taobao and Tmall
Share
Font ResizerAa
Font ResizerAa
BRICS Global Television NetworkBRICS Global Television Network
  • Brasil
  • Россия (Rossiya)
  • भारत (Bhārat)
  • 中国 (Zhōngguó)
  • South Africa
  • Argentina
  • مصر (Misr)
  • ኢትዮጵያ (Ityop’iya)
  • ایران (Irān)
  • السعودية (Al-Su’udiyya)
  • الإمارات العربية المتحدة
  • الجزائر
  • Bolivia
  • Беларусь
  • Cuba
  • Қазақстан
  • Indonesia
  • Malaysia
  • Nigeria
  • ประเทศไทย
  • Türkiye
  • Uganda
  • Oʻzbekiston
  • Việt Nam
  • Home
  • TV Channels
  • Video Library
  • Weather
  • BRICS
    • B – Brasil
    • R – Россия (Rossiya)
    • I – भारत (Bhārat)
    • C – 中国 (Zhōngguó)
    • S – South Africa
    • BRICS Plus
    • BRICS Partner States
  • Sports
  • International
  • Features
    • Hearts and Plates
    • Saudi Vision 2030
    • Business and Finance
    • Technology and Trends
    • Arts and Culture
    • Health and Lifestyle
    • Food and Agriculture
    • Travel and Exploration
    • BGTN Cares
Follow US
  • Terms and Conditions
  • Privacy Policy
© 2024 BRICS Global Television Network. Newshound Media. All Rights Reserved.
BRICS Global Television Network > Features > Technology and Trends > Alibaba breaks down walls, embraces WeChat Pay on Taobao and Tmall
Technology and TrendsBRICSBusiness and Finance中国 (Zhōngguó)

Alibaba breaks down walls, embraces WeChat Pay on Taobao and Tmall

Miyashni Pillay
Last updated: July 12, 2025 3:51 am
By Miyashni Pillay
3 Min Read
Share
Photo: Caixin Global
SHARE

In a significant move that signals the end of a decade-long rivalry, Alibaba has announced that its e-commerce platforms Taobao and Tmall will now accept payments through Tencent’s WeChat Pay. This integration, which is expected to roll out gradually this month, marks a major shift in China’s digital payment landscape.

Ending the “walled garden” era

For years, Alibaba had favored its own payment service, Alipay, operated by affiliate Ant Group, on its online marketplaces. However, the lack of access to WeChat Pay, which boasts over 1.3 billion users worldwide, had limited consumer choice and created barriers between the two tech giants’ ecosystems. The decision to open up to WeChat Pay comes amid increasing regulatory pressure on Chinese tech firms to dismantle their “walled gardens” and promote interoperability. As part of a broader trend, companies like Alibaba and Tencent have started allowing each other’s services on their platforms in recent years.

Potential benefits and challenges

By integrating WeChat Pay, Alibaba aims to enhance the shopping experience for consumers and potentially expand its market presence in less developed regions of China. The move could also help revitalize Alibaba’s e-commerce business, which has faced challenges from a sluggish consumer market and competition from rivals like JD.com and Temu. However, the integration may pose challenges for Alibaba’s Alipay, which has long dominated the company’s payment ecosystem. Alipay processed transactions worth 118 trillion yuan ($16.6 trillion) in Q3 2023, while WeChat Pay handled 68 trillion yuan.

Broader implications for China’s tech sector

The Alibaba-WeChat Pay integration is part of a broader shift in China’s tech industry, driven by economic necessity and regulatory constraints. Companies are increasingly seeking partnerships and collaborations to sustain business amidst a slow recovery from the pandemic and stricter regulations. This move towards openness and interoperability is expected to continue as Chinese tech giants adapt to the changing landscape. It remains to be seen how the integration will impact the competitive dynamics and innovation within China’s digital payment ecosystem.

ALSO READ: Saudi Arabia joins BIS and China-led central bank digital currency project

Chinese scientists propose ‘Information Superhighway’ to connect Earth and Moon
Chinese Soybean Breeding
China’s overseas graduates return to harsh reality of labour market
“Immortal rock” becomes tourist attraction after Olympic success
Global robotics programs forge ahead: from Cybercat to Boston Dynamics
TAGGED:AlibabaChinaChinese tech firmsdigital paymentshopping experienceTaobaotech giantsTmalltransactionsWeChat Pay
Share This Article
Facebook Flipboard Pinterest Whatsapp Whatsapp LinkedIn Tumblr Reddit VKontakte Telegram Threads Email Copy Link Print
What do you think?
Love0
Sad0
Happy0
Surprise0
Shy0
Joy0
Cry0
Embarrass0
Sleepy0
Angry0
Dead0
Wink0
Miyashni Pillay
ByMiyashni Pillay
The resident ambassador for the fifth industrial revolution, Miyashni is BGTN's Jack of all trades, specialising in digital operations, social media and broadcast production. Having worked in various media houses across her young lifespan, Miyashni has a wealth of knowledge about the digital world. She is most proud of having the perfect GIF reaction to any situation and is a crafty wordsmith, laced with just the right amount of sass and finesse.
Previous Article Saudi Arabia’s Abdulrahman Al-Qurashi wins gold at Paris 2024 Paralympics
Next Article Saudi aviation to showcase achievements and forge stronger ties at Egypt Airshow 2024
1 Comment
  • Najlepszy kod polecajacy Binance says:
    March 26, 2025 at 8:40 pm

    Your point of view caught my eye and was very interesting. Thanks. I have a question for you.

    Reply

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Stay Connected

FacebookLike
XFollow
PinterestPin
InstagramFollow
YoutubeSubscribe
TiktokFollow
ThreadsFollow
- Advertisement -
Ad imageAd image

Latest News

Mr Cas Coovadia
South Africa’s B20 Sherpa Cas Coovadia Charts Path for Inclusive Global Growth
BRICS South Africa
Pastor Chris to Deliver Live Broadcast on BRICS Global Television Network
Features
Building Bridges: How the BRICS Think Tanks Council Fosters International Understanding and Growth
BRICS Business and Finance
BRICS Women’s Business Alliance: A New Era of International Collaboration and Women’s Leadership
BRICS Business and Finance

You Might Also Like

Technology and TrendsBRICS中国 (Zhōngguó)

Hong Kong parents struggle with children’s gadget use amid rising tensions

July 12, 2025
BrasilInternational

Brazil President Lula, Dissaproves With EU Trade Deal

September 24, 2023
South AfricaBLOGHealth and Lifestyle

South African Government Intergrates Mental Health Services

September 27, 2023
BRICSInternational

Today’s BRICS+ Numbers

June 5, 2024

Our Partners

Ad imageAd image

Learn About BRICS

  • B – Brasil
  • R – Россия (Rossiya)
  • I – भारत (Bhārat)
  • C – 中国 (Zhōngguó)
  • S – South Africa
  • Saudi Vision 2030

Our World

  • Support Centre
  • Career
  • Terms and Conditions
  • Privacy Policy

Google Translate

BRICS Global Television NetworkBRICS Global Television Network
Follow US
© 2025 BRICS Global Television Network (Pty) Ltd. All Rights Reserved. Independent Media Platform. Unauthorized ownership claims or affiliations are unlawful.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?

Not a member? Sign Up