Alibaba’s launch of bargain marketplace Taobao Deals on Tencent’s super app WeChat hits a snag, source says

Source: South China Morning PostPlans by Alibaba Group Holding to launch bargain online shopping platform Taobao Deals as a mini-program on Tencent Holdings’ ubiquitous super app WeChat, have apparently hit a snag, according to a source familiar with the matter. Tencent, which runs the world’s largest video games business by revenue and China’s biggest social network, has suspended testing Taobao Deals on WeChat, as there is little substantial progress at the current stage, according to an Alibaba executive who declined to be…Read More

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