According to sources, Alibaba’s initial measures may include introducing Tencent’s WeChat Pay to Taobao and Tmall; both parties are working on separate plans to relax restrictions.

Allegedly, Tencent may allow Alibaba’s e-commerce information to be shared on WeChat, or allow WeChat users to use some of Alibaba’s services through mini programs.

There has been relevant news before, but I didn’t expect it to land so soon. What is the superiority of socialism? The giants were originally engaged in zero-sum games, and they wished to have you without me. As a result, when the country started anti-monopoly, weren’t they obedient? Of course, if according to the current news, it is really possible to become a win-win, just as the stock price reflects. After all, what is the most annoying for Ali-based e-commerce platforms? There is no way for users to share shopping information to friends in the WeChat ecosystem, they can only get a bunch of garbled codes. As far as Tencent is concerned, once it is able to open up some Taobao and Tmall payment channels on Ali’s side, thinking and knowing with the belly button will greatly increase the utilization rate of WeChat payment. After all, for ordinary people, Alipay and WeChat can be used anyway, even if you look at your mood randomly, it is quite impressive. Of course, I believe that the intercommunication between Ali and Tencent is just the first step. After all, these two Internet giants are not the only ones in China, and the areas covered are not just e-commerce and payment. In the future, can Douyin and Kuaishou videos be shared with Moments? In the future, can Baidu search be used in WeChat? In the future, can copyright works of Tencent be shared and viewed on platforms of Ali, Baidu and Byte? In the future, will station B directly open a shortcut window for browsing Zhihu? I was wrong, the last one is not a giant.


By zhiwo

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4 months ago

I don’t think this is a so-called anti-monopoly victory, or a good thing that is conducive to China’s Internet going to the world. On the contrary, it means Ali’s weakness, which means that the dominance of Tencent in China’s Internet industry has been formally established. On the surface, this seems to be a reconciliation between the two Internet giants, mutual exchange of need, mutual benefit, and harmony and harmony. It seems that the status between the two is also that there is me in you, and you in me, which is equal to each other. Yes, but only need to put the demand relationship, you can immediately distinguish the strong and the weak. Alibaba and Tencent have greater demand for whom? Obviously, Alibaba has greater demand for Tencent, because the future Internet business is the business of population information resources. Whoever has a large Internet population and who creates an Internet population with greater stickiness will master the Internet business. To give a very simple example, do the commonly used apps need to be authorized by Tencent to log in more, or are more authorized by Ali? Obviously Tencent. Among all the apps, which ones have you used the longest and most sticky? There is no doubt that it is Tencent’s QQ, WeChat, and Enterprise WeChat. Tencent was able to provide a steady stream of traffic to Ali, just like Suning was holding Ali’s thighs at the time, but it was clear that Ali was holding his own Taobao and it was difficult to get Pinduoduo with his back to the penguin, so he brought Suning and wanted to fight Penguin’s close partner battles, it can only be a foolish dream, it is difficult to reach the sky. In turn, let’s take a look at what Ali can provide to Tencent? Does Tencent Pay need to rely on online payments on Taobao and Tmall to increase its share and revenue in the payment market? Obviously this little money, if not, Tencent does not need it, of course it is better. Therefore, the mutual openness and ecological sharing of Ali and Tencent are actually the fact that Ali has greater demand for Tencent, but under the heavy anti-monopoly fist, these two Internet giants want to continue to swallow the market to increase their share and monopolize everything. It’s no longer possible that they have encountered development bottlenecks. At this time, it is better to shake hands and make China’s Internet market bigger and stronger together, which is to comply with the times, and it is also a great reputation for capital laundering. !

4 months ago

Even without a background in antitrust, 8 years have passed, and Alibaba and Tencent have long been not each other’s most direct and threatening opponents. There are three major battles between ATZM (Ali, Tencent, Byte and Meituan). The first is the local life battle between Ali and Meituan. Ali reused Yu Yongfu, Gaode + local life + Fliggy, and fully benchmarked a large Meituan. The second is the content war between Tencent and Bytedance. Tencent PCG has adjusted several times. In the long video, the moat is still deep enough. Byte has spent money to buy film and television copyrights, but it has not aroused too much splash. In the video field, neither Tencent nor Byte has made a platform that can match the B station. ; Short video, plan A, Weishi has been defeated against Douyin, plan B, WeChat’s video account has risen; the game, byte has made a look, but it is far from posing a threat to Tencent’s game king status; music, byte is not enough A little test, you know, the Divine Comedy is just a detour in the music industry. The third is the melee between Z and ATM. Before the listing, ByteDance still has to tell the story even bigger, so what to do, education, finance, games, etc. Alibaba used to be a major customer of Douyin. Now Douyin is an e-commerce company. Douyin also wants to cut local life through content, make short video version of public comment, and then cut business services. Byte and the Big Three are fighting each other, but how many businesses can really rely on the logic of graphics and short video information flow? Above, Ali’s biggest opponent at this stage is Meituan (the other is Huawei, and Alibaba Cloud is the base of Ali, and the war with Huawei Cloud is still ongoing). Tencent’s biggest rival is ByteDance, and ByteDance has made all-out enemies. Regardless of the course of history or the struggle of the company, Ali and Tencent have long shook hands and made peace. Source: Buding

4 months ago

The reconciliation of the two Internet giants is the general trend, and the advantages outweigh the disadvantages. This “reconciliation” is coming, which is surprising but reasonable. When did the “War of the Century” between Ali and Tencent started, there are divergent opinions. The spread of the “flame of war” is not controversial. The competition between Ali and Tencent has almost covered the entire mainstream Internet business. E-commerce, social media, big entertainment, new retail, online payment, food delivery, cloud business, online ride-hailing, shared bicycles, etc., have all been affected. Competition between Internet companies is common, but “total war” between giants is rare. The “all-out war” between the two sides lasted for nearly a decade, and it can be said that the “accumulation” is deep, and it runs through the development process of China’s Internet. Although it is hard to talk about “life and death”, the reconciliation between the two seems to be far away for a long time. However, as far as the “battle situation” is concerned, this kind of old-fashioned competition has long lost its practical significance. The core businesses of both parties are very stable, and the deep “moat” hinders the pace of competition. Tencent’s e-commerce business can’t beat Ali, and Ali’s game department can’t “goose mouth” to grab food. Most of the intersecting business areas have maintained a stable “boundary” for many years, and no one can eat anyone. The “experimental project” that is separated from the main line of business of both parties, such as shared bicycles, seems to be a “lose-loss” without a winner. The long-term full-scale competition between Ali and Tencent has already entered a steady state, and the “sphere of influence” of both parties is already visible to the naked eye. It is almost meaningless to continue to invest a lot of resources to compete for you. Therefore, from the perspective of the business distribution of both parties, the reconciliation between the two parties is the general trend, and the advantages outweigh the disadvantages. The ecological changes of Internet companies originate from the global anti-monopoly trend. Today’s Chinese Internet arena, the masters of the BAT era are no longer lonely, and both Ali and Tencent have new opponents. Ali is facing the “rural surrounding the city” Pinduoduo, while Tencent’s current focus is on the “top battle”. It is certainly not a wise choice for the two to be entangled in years of “accumulating grievances” and “staying to the end”. There is no more room for competition between the “old opponents”. It is the urgent task for both sides to deal with the challenges of the “new opponents”, and the conditions for reconciliation have long been ripe. However, the huge inertia formed by long-term competition needs a long period of time to buffer, and it needs a certain amount of external push to realize it. This driving force comes from the new ecology of Chinese Internet companies. A major driving force for the new ecology of Internet companies comes from the global anti-monopoly trend. Anti-monopoly pressure has caused Ali and Tencent to re-examine their positioning and strategies. Strengthening the core business and shrinking part of the front line is the proper meaning. Ali has recently adjusted its organizational structure several times, which is a clear sign. However, Tencent’s layout changes were actually earlier, and the current Tencent is no longer the “doing everything” Tencent. The long “fronts” of the two giants withdrew each other, creating conditions for the final reconciliation. More importantly, anti-monopoly will inevitably touch on the long-term “ecological isolation” between the two parties. Instead of passively waiting for the regulatory authorities to openly remove the “separation wall”, it is better to actively open up the ecology to each other. Taking the initiative to open up will make the pace more calm. It can be said that the anti-monopoly background provides a “step” for Ali and Tencent to achieve reconciliation, and the two can effectively and decently end the protracted “total war”. In addition to domestic anti-monopoly factors, this transformation of the giants may also include pressure from abroad. At present, the United States is stepping up against the Chinese concept stocks, and it is difficult for Ali to stay out of the matter. During the epidemic, Tencent’s business in the United States was severely disrupted. On August 6, 2020, Trump issued an administrative order on WeChat on the grounds that it “posed a threat to the national security of the United States”, which caused the Chinese concept stocks to fall, and Alibaba’s stock price fell by 6%. Recently, US President Biden signed an executive order declaring that he would “slay” the monopolistic behavior of technology giants, which also sent a strong signal. It can be seen that both Alibaba and Tencent are facing long-term pressure from the US government and require consistent external preparations. In other words, Alibaba and Tencent achieved the “century reconciliation” at this time point, which stems from the combined effect of two pressures: domestic anti-monopoly played a constructive guiding role and ended the two giants’ unwise “comprehensive” War”; and the pressure from the US government is a destructive risk, requiring Ali and Tencent to prepare for a long-term response. Pushing and pulling the two forces led the two giants on the track of achieving “century reconciliation.” If this reconciliation is realized, the impact will be positive and far-reaching. If this “Reconciliation of the Century” can be achieved smoothly, its impact will be positive and far-reaching. Although opening the ecosystem to each other is not a complete and comprehensive opening, it will undoubtedly be a very critical and important step. After the two ecosystems are opened up, the most direct impact is that consumers have gained more convenience and choices. In addition, the two ecosystems will be gradually integrated after opening up, opening up a broader space for growth, which will greatly promote the evolution of China’s Internet ecosystem. At the same time, the realization of a reconciliation between the two will reduce the internal friction caused by the competition between the two giants, thereby enhancing the competitiveness of both parties and removing obstacles to future cooperation. This will have a long-term impact on the competitive landscape of the Internet industry in China and the United States, and is a plus for China. At present, the competition between the Chinese and American Internet industry and technology giants is very fierce. During the new crown epidemic, giants such as Amazon in the United States frequently initiated mergers and acquisitions, and they were one of the few “beneficiaries” in the epidemic. The strength of these Internet technology giants has been further strengthened. In June of this year, Amazon’s market value soared to US$1.770 billion, which greatly increased its strength and distanced itself from Ali and Tencent. At present, the combined market value of Ali and Tencent is only 1382.4 billion US dollars, which is equivalent to 78.1% of Amazon. In 2008, Ali’s market value ranking was higher than Amazon’s, and the combined market value of Ali and Tencent was 2.58 times that of Amazon. It can be said that after more than a decade of development, the competition in the Internet industry between China and the United States has “reversed offensive and defensive”, and the situation facing China’s Internet industry is severe. In this situation, Chinese Internet companies must strengthen cooperation, rather than unnecessary internal friction. The reconciliation between Ali and Tencent will have a clear demonstration effect. Looking at the “Reconciliation of the Century” from the perspective of the development of China’s Internet industry is even more significant. This will usher in a sign of the maturity of China’s Internet industry—the era of war for hegemony has come to an end. Chinese Internet giants are no longer militant heroes, but rational and stable industry pillars.

4 months ago

The iron fist of anti-monopoly, the power of the people’s democratic dictatorship, must be praised! We proposed “preventing the disorderly expansion of capital” last year, and we soon took action against Alibaba, Meituan, Didi, and Tencent. Anti-monopoly in the capital market can be said to be popular with Raleigh. The China Governance Internet ETF also fell 44% from the high point, which can be described as very tragic. In contrast, the United States has been calling for anti-monopoly on Internet giants for several years, but so far there has not been any substantial progress. Internet giants in the US stock market hit new highs almost every day. In fact, the United States is already in the era of a high degree of financial capital monopoly, and it simply can’t get out of it. When several Internet giants fell, Nasdaq and Standard & Poor’s couldn’t hold it, and then the President of the United States and the Chairman of the Federal Reserve were more terrible than killing them. Therefore, socialism and capitalism should be judged from one another. Therefore, I also advise every capitalist, don’t forget where you are, and don’t forget the promise you made 40 years ago. Finally, everyone can pay attention to the official account number, which does not overlap with the content of Zhihu. Anyone who pays attention to me will get rich. I am Times, an independent investor ¥ psychological consultant. I am concerned about financial investment and self-upgrading. For more dry goods, please follow the official account jingji-xinli, or search the official account “Times” on WeChat.

4 months ago

When WeChat blocked Taobao, the links shared by the sisters were troublesome to open. The mobile phone could only be accessed through Taobao, and the computer had to be copied once after it was turned on. I don’t even bother to click on that link. If my sisters send me less Taobao links after opening up to each other, my wallet will not be able to withstand this pressure. Direct payment on WeChat is too convenient, and children from slum families cannot afford it.

4 months ago

It is definitely a big event in China’s Internet! The Chinese Internet is finally no longer fragmented! According to Dow Jones sources, Alibaba’s initial moves may include introducing Tencent’s WeChat Pay to Taobao and Tmall; both parties are working on separate plans to relax restrictions. Allegedly, Tencent may allow Alibaba’s e-commerce information to be shared on WeChat, or allow WeChat users to use some of Alibaba’s services through mini programs. In other words, Alibaba and Tencent are open to each other! WeChat Pay is expected to be introduced to platforms such as Taobao and Tmall. This news has caused Alibaba’s pre-market share price to surge. As of press time, Alibaba’s US stocks rose about 3% before the market, closing yesterday at US$209.5, and now at US$215.80. Some people familiar with the matter said that Alibaba is working to add UnionPay payment system to its e-commerce website. Allegedly, although the app’s market share is limited compared to Alipay or WeChat Pay, it can provide important attitudes to regulators. Some people familiar with the matter also said that Alibaba may support WeChat Pay and UnionPay in the next few months, but there are still uncertainties in the plans of both parties. As of press time, the two parties have not yet responded.

4 months ago

I am not optimistic about the cooperation between these two giants. Obviously, it is a last resort in the general environment. Commercial platforms are different from Buddhism Jingdi. How can there be any reason to open the door to convenience? ? ? The good point is indeed obvious: it facilitates the cross-platform use experience of the two ecological users~ But it is also foreseeable that behind this “look and feel” cooperation, the two will inevitably have various interest disputes… When the running-in is good, all parties are happy; the running-in is not good, when the time comes, we will take a loop, create a name, and then separate in a row; in the end, don’t exclude the third party to intervene: still fighting? Bring it to you! I’m Huizhimei, a cute paper for software testing engineers. In addition to sharing IT technology dry goods every day, I also talk about the hot topics in the IT circle; public account [Huizhi Power Academy]-intending to switch to IT Business partners can follow the wave, check the latest employment data and successful transfer cases of high-paying students~

4 months ago

Hey, an “unconfirmed” news from the securities trading information platform “Shun Hua Shun” has shown that everyone is full of “confidence” and all kinds of “booing”, and no one sees the possibility of “landing”. People familiar with the Fongshun platform said that Alibaba’s initial measures may include introducing WeChat Pay to Taobao and Tmall, while Tencent may allow users to share information on Alibaba’s e-commerce platforms more easily on WeChat, or allow WeChat users Use some services of Alibaba through small programs. (1) As far as the mini program entry is concerned, in fact, as early as March, Ali submitted an application for the Taobao special edition mini program to Tencent, and the approval has not yet been “followed”. News on March 25 According to 36 Krypton reports, Alibaba vice president and general manager of C2M division Qi Gong (real name Wang Hai) said today that Alibaba did submit an application for Taobao special version of the mini program, looking forward to cooperation with Tencent, but the application Still under review. (2) Judging from the information leaked by the so-called insiders this time, it is like an “unequal” cooperation, which is the most beneficial to Ali, even as customized for Ali! This time, the so-called information disclosed by insiders added the content of “Introducing WeChat Pay to Taobao and Tmall”. The most important cornerstones of a payment platform are “the number of new users” and “the ability to absorb funds.” The two super apps of WeChat and Alipay have developed to the present, and the users must be “highly overlapping”, so they cannot bring much new users to each other. The rest is the ability to absorb funds. Alipay itself has a relatively developed electronic financial system and rich wealth management products, and Alipay outperforms Tencent’s payment platform in terms of absorbing funds. According to sources familiar with the matter, the Taobao Tmall platform has opened the WeChat payment channel, and a large part of the flow of funds will flow from WeChat to Ali merchants. In addition, the close relationship between Ali merchants and Ali financial system will further promote “Funds flow to Ali”. Another piece of information disclosed by people familiar with the matter is that Tencent will allow users to more easily share information on Alibaba’s e-commerce platform on WeChat. Although it can promote the exchange and sharing of information, it is of greater significance to Ali, and it will be a harm to the experience of WeChat. After that, the information of Amway products in WeChat may increase exponentially!

4 months ago

In July 2020, when a user placed an order in Meituan, he suddenly found that Meituan did not support Alipay payment, and Alipay did not appear when opening the folding area below. In other words, Meituan completely abandoned Alipay. While everyone was talking about it, Wang Xing raised a famous question in Fanfou: Why does Taobao still not support WeChat Pay? Wang Xing’s question, with the arrival of a breaking news, may undergo historical changes. Alibaba and Tencent are considering opening up their ecosystems to each other. After the news came out, Alibaba’s stock jumped directly by 3 points, which shows the market’s reaction to this incident. 2 What is the impact? In my article yesterday, “The Ministry of Industry and Information Technology took action to rectify, Ali said: I will take it first. . . “It is mentioned that the current Internet has been split into Ali, Tencent, Byte… and each other has formed different ecosystems, and each ecosystem is separated from each other, which is equivalent to my monopoly on this part. You just can’t get involved. The fragmented Internet has left users lacking many choices from the beginning. For example, Meituan cannot pay with Alipay, Taobao cannot pay with WeChat and other typical cases. But Alipay and WeChat have actually become the payment infrastructure! Imagine you go to a shopping mall and swipe your card, and the cashier tells you that I don’t support Bank of Communications. You can switch to another China Merchants Bank to swipe your card. What, if you don’t have a China Merchants Bank Card, that won’t work. You can apply for a China Merchants Bank Card, come on again… This phenomenon itself is very unhealthy! Since the beginning of this year, the pressure of the national anti-monopoly law, changes have come quietly… This year’s 618 has no alternative, the merger of Douyu and Huya was cancelled, Tencent’s trial abolished “996”, Kuaishou Byte canceled Big Week, Meituan preferred Cancellation of big and small weeks, online education K12 was suppressed, Xiaomi’s full equity incentives, gave all employees a salary increase… Even Didi, who has not given me discounts for many years, has desperately given me discounts since the last two days. Voucher, 1 yuan can buy a lot of coupons. Suddenly found that the entire Internet company has become amiable…3 Finally, a series of heavy attacks on antitrust, anti-unfair competition, network security and data compliance have made the giants feel “Winter is coming.” “. But from the perspective of ordinary people, this is not “Winter is coming”, the original Internet world should be like this. Openness, interconnection, and sharing are the essence of the Internet! Don’t make choices for users, return the right of choice to users, you can use technical means to give users suggestions, but please don’t make decisions directly for users. The market can really fully compete in order to give new innovators a chance, not to let the entrepreneurs have to choose which faction they belong to, and this can stimulate the vitality of the entire market. After being investigated, Ali wrote a paragraph in the open letter, which is a good interpretation of the platform economy: “Today, the development of platform economy has entered a new stage, which has penetrated into people’s daily life and is related to all aspects of social economy. Times and society have a relationship with platform. Enterprises have put forward new requirements. We deeply realize the responsibilities of platform enterprises in national economic and social development. At the same time, we will keep in mind that the value of platforms is to integrate and share resources, to achieve success by helping others succeed, and to continuously create for society. Value and realize self-worth.”

4 months ago

Some answers define this matter as antitrust, but I hold the opposite view. In my understanding, the current situation can only be called anti-blockade at best, just as breaking the closed-door country and lifting trade tariffs is to further open the market and intensify competition (monopoly is a product of competition under marketization). It is not natural for Ali and Tencent to feel that all their actions are a process of re-monopoly because of their huge monopoly scales. In fact, from the bat to the baz one-third of the world, if the zero-sum game between the giants continues, China’s Internet should have appeared a larger Internet complex than Samsung. Rather than relying on the moat to carefully prevent the enemy from invading. What prevents these giants from zero-sum and further defeats the other through competition to complete their monopoly is the “wall” erected between these giants that have formed a first-mover advantage. Alibaba Wangwang, Dingding, WeChat Mall, and a series of giants have invested in the acquisition of small competing products in each other’s industry. Alibaba has always coveted the instant messaging market, and Tencent has never given up on establishing its own e-commerce system. This wall is like a closed door to the country, like a tariff barrier, it is an instinctive protection of the basic market that it has monopolized. It’s just that in the past two years, the giants have found through practice that the opportunity to enter the other’s field is too low. They are not focusing on the opposite corner, but on the competition for emerging (possible) markets. It is a bit like paying more attention to contention after the opening of the big voyage. The colony and the homeland gradually disappeared in Europe. Now that the policy is forced to adjust, it is tantamount to tearing down this wall. The so-called open ecosystem to each other is more like a stormtrooper between giants that have formed and tended to be conservative in the past two years. Emerging markets have also begun to disappear after the recent community e-commerce in a segmented area. Just as the colonial wars with oil and water have been fought, relatively barren colonies have their own divisions of power. In the atmosphere of speculative profiteering in the global environment, capital was unwilling to be reconciled to the little bit of natural growth, and was not satisfied with the loss of the new colony by the invested enterprises. Now that the wall is demolished, it’s like the gunpowder barrel in the Balkans has been lit. As long as a certain giant has a certain tentacle restlessly to probe into the border of the other party after the wall disappears, passive or active counterattack will inevitably result in a passive or active counterattack. One after another. I call it the second possible Chinese Internet War. It is possible that, just like the history of the same war, capital has moved in an unprecedented round of all-round competition without much actual change in income, and even let the three-party and four-party giants who stayed out of the situation rise. It is also possible that, like World War II, Internet companies with a larger form of monopoly will emerge after this change. It is unknown whether the state will interfere.

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