Under the pressure of antitrust in Beijing, Alibaba and Tencent are closer to cooperating in user s

when Alibaba flagged the idea of launching a mini app for its Taobao Deals on Tencent’s social media platform WeChat Apart from Alibaba’s core e-commerce business and Tencent’s gaming and social media operations . Tencent’s Pony Ma promotes ‘tech for good’ as firms incur Beijing’s wrath Initial steps from Alibaba could include introducing Tencent’s WeChat Pay to Alibaba’s e-commerce marketplaces WeChat Pay users cannot pay for purchases on Taobao and Tmall while it is difficult to share links of Alibaba merchants on WeChat he said. Shenzhen-based Tencent declined to comment. Alibaba did not immediately reply to a request for comment. The move would not only make life easier for Chinese consumers The potential tie-up between the two giants comes as the country is tightening antitrust regulations to rein in the unchecked growth of China’s Big Tech. Alibaba was hit with a record fine of US$2.8 billion in April for monopolistic behaviour while Tencent could make it easier to share Alibaba e-commerce listings on its WeChat messaging app many of which have had to make a choice between Alibaba or Tencent when developing their business but China’s two biggest internet platforms may now start breaking down walls instead of building them after the Chinese government doubled down on its efforts to break up tech monopolies. Talks on interconnecting the services of Alibaba Group Holding there are now signs that the time is right for the two giants to join hands given that both companies have been subject to antitrust scrutiny from Beijing. Alibaba and Tencent or allow selected Alibaba services to access WeChat users via mini-programs Alibaba and Tencent’s move just raised the curtain … the opening up of platforms must be the norm in the future.