within its app to take on social commerce players like pinduoduo
The feature, called pintuan (meaning group-buy) can be found about the main interface in the Alipay app, where a selection of items are displayed at a discounted price if one particular or extra end users purchase the item together.
The solutions are from Taobao, Alibaba?¡¥s e-commerce platform, and prices can be reduced from their listing price. As opposed to pinduoduo, Alipay only offers these deals at specific times in the day ¡§C 9am, 2pm and 7pm ¡§C and in limited quantity.
The exclusive right for alipay hong kong will last for one year before three additional providers are added in mid-2021.

Offering the feature within Alipay is also a stage towards creating the cellular wallet an all-in-one app. Currently Alipay is one in the leading cellular payments services in China, together with Tencent?¡¥s WeChat pay back. WeChat Spend is previously integrated into WeChat, the superapp with more than a billion customers that lets you do everything from sending messages, ordering food, and even calling a cab.
 Similarly, Alipay has been adding additional services within its app ¡§C this sort of as taking out a loan, paying bills and even generating hotel and flight bookings.
The exclusive right for alipay hong kong will last for one year before three additional providers are added in mid-2021.

Alibaba may be the mother or father company of the South China Early morning post.
The exclusive right for alipay hong kong will last for one year before three additional providers are added in mid-2021.

The addition of such a function in Alipay underscores how considerably pinduoduo has shaken up the e-commerce scene in China. pinduoduo encourages buyers to share shopping deals with their close friends to get discounts, and within three a long time became the third-largest e-commerce organization during the region, behind Alibaba and JD.com.
The exclusive right for alipay hong kong will last for one year before three additional providers are added in mid-2021.

The company?¡¥s popular social commerce model has helped make pinduoduo founder and chief executive Colin Huang 1 of China?¡¥s richest people, with a current net worth of US$10.5 billion after the company?¡¥s public listing on the Nasdaq valued the firm at US$24.98 billion.

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