www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

US EUROPE AFRICA ASIA 中文
Business / Technology

Mobile app wars set to intensify

By GAO YUAN (China Daily) Updated: 2015-07-09 10:46

Mobile app wars set to intensify

The booth of Alipay at 18th Beijing High-Tech Expo in May. [Photo/China Daily]

Alibaba unit takes on WeChat with updated online product that has greater social networking functions

The battle for mobile app supremacy in China has taken a new twist.

Alibaba Group Holding Ltd has thrown down the gauntlet to rival Tencent Holdings Ltd's popular messaging application WeChat by giving its own payment app Alipay greater social networking functions.

The latest update of Alipay enables the app to connect to different accounts so users can chat, share shopping information, buy financial products and lend money to each other.

Alibaba's financial arm Ant Financial, which runs Alipay, said on Wednesday the upgrade will help users communicate with close friends, while providing online payment and personal financial services.

Fan Zhiming, head of payment services at Ant Financial, said the new app aims to solve users' demands in different scenarios.

"Mobile payment is just one of the functions users are looking for from Alipay. We will build more services so it can fit in more real-life demands," Fan said. "This is the most revolutionary upgrade of Alipay since it was launched 12 years ago."

The upgraded version of Alipay is clearly targeting WeChat, the most popular instant messaging app in the country that has about 550 million monthly active users.

Alipay has more than 400 million "real-name subscribers", according to Fan.

Apart from adding social networking function, Alipay has also integrated a Yelp-like crowd-sourced local review of businesses and an online reservation and payment system.

In the personal finance sector, Alipay will launch a stock trading function by the end of this month. The online platform already deals in fund purchases.

Chen Weiru, associate-professor at Shanghai-headquartered business school CEIBS, said by adding the "friends" function, Alipay is no longer a third-party payment tool.

"The new Alipay is becoming a multifunctional service portal that takes in local businesses, financing, friend-to-friend loan and personal credit ratings," Chen said. "This expansion will make Alipay a bigger player in the cyber and real lives of customers."

But it will take time to see if it can eat into WeChat's market share.

Alipay and WeChat joined a "red envelop battle" by allowing users to send money online to friends and family during this year's Spring Festival.

The big two also clashed in booking taxis and car-hire services last year. Alibaba and Tencent spent billions of yuan subsidizing the country's taxi drivers in the hope that customers would choose each other's payment app.

Dong Xu, an analyst from Beijing-based consultancy Analysys International, said WeChat dominance in China's mobile networking market is almost impossible to break in the near future.

"WeChat was able to quickly release new versions, adding and cutting functions to keep users active," Dong said.

In addition, WeChat is also attempting to invade Alipay's home turf by adding payment and shopping services.

Hot Topics

Editor's Picks
...
主站蜘蛛池模板: 暖暖在线精品日本中文 | 欧美日韩偷拍自拍 | 中文精品视频一区二区在线观看 | 午夜影院黄色片 | 国产一毛片 | 一区二区三区影视 | 久草综合视频 | 精品欧美成人高清视频在线观看 | 免费人成在线观看视频不卡 | 手机看片国产免费 | 欧美日韩 在线播放 | 久久香蕉国产线看观看精品yw | 国产99视频免费精品是看6 | 中文字幕亚洲视频 | 在线观看黄网视频免费播放 | 亚洲精品在线免费 | 国产亚洲精品自在线观看 | 一级片网站在线观看 | 成人一级毛片 | 成人三级在线播放 | 一色屋色费精品视频在线观看 | 欧美一区二区三区不卡免费 | 国产孕妇孕交大片孕 | 国产成人精品午夜视频' | 在线成年人网站 | 成人免费毛片网站 | 国内外成人免费在线视频 | 日本www视频 | 长腿校花被啪到腿软视频 | 99视频在线精品 | 国产麻豆福利a v在线播放 | 国产精品一区二区三区四区五区 | 亚洲理论片在线中文字幕 | 97视频在线免费 | 久久黄色免费网站 | 日韩免费毛片全部不收费 | 国产高清精品一区 | 成人免费视频在线看 | 性夜黄a爽爽免费视频国产 性夜影院爽黄a爽免费看网站 | 一区二区三区四区五区六区 | 国产成人久久久精品一区二区三区 |