Videos

Competition Heats Up as China’s Mobile Payment Giants Open Their Gates

Xiabing Su explores how the end of platform exclusivity in China is creating a catalyst for competition and creativity in China’s E-Commerce space. Now that mobile payment networks are open, challenger brands like ByteDance, Meituan, and Pinduoduo are seizing opportunities, while incumbents like Alibaba and Tencent are innovating new ways to stay competitive.