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Pinduoduo unveils payment service Duoduo Pay for its 731 million users

Chinese tech firms JD.com, Meituan, and Didi have also been trying to persuade their users to ditch WeChat Pay and Alipay.

2 mins read
  • Companies like Alibaba and Meituan use exclusivity agreements and “monopoly clauses” to box in merchants and hobble competitors. That may change soon.

    Insights

    China’s new antitrust rules rein in sprawling marketplace platforms

    4 mins read

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