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(Yicai Global) Sept. 28 -- Chinese e-commerce giant Alibaba Group Holding has lifted its restriction to allow users of its applications, including takeout platform Ele.me and video site Youku, to pay for services via a mobile wallet of its main competitor Tencent Holdings to comply with new antitrust guidelines.
The group of Alibaba's apps that now accept WeChat Pay also includes ticketing platform Damai.Cn and cross-border e-commerce marketplace Kaola, Yicai Global learned from the Hangzhou-based tech giant today.
Meanwhile, second-hand trading platform Xianyu and grocery seller Hema Fresh are waiting for Tencent's approval to do the same.
The Ministry of Industry and Information Technology summoned internet platforms on Sept. 9, ordering them to stop blocking links to rivals' sites. On Sept. 17, Tencent said that users of WeChat, the largest social media app in China, can access links sent by an individual but in group chats, the new feature is still under development.
Alibaba celebrated the choice. Sharing, connecting, and being open are parts of the foundation of a healthy digital ecosystem, and Alibaba will continue to develop along with other platforms, it said.
WeChat Pay is the second-largest mobile payment platform in China after Alibaba’s Alipay. The latter had a 55.6 percent market share among domestic third-party payment providers as of June, and WeChat Pay had a 38.8 percent share, according to data released by market research agency iResearch.
Editor: Emmi Laine, Xiao Yi