$Alibaba (BABA.US)$ Lauren Huang, who has been running a sto...
$Alibaba (BABA.US)$ Lauren Huang, who has been running a store on Taobao since 2018, called the deal "one of the biggest good news this year" for merchants. "A large percentage of middle-aged and elderly users prefer using WeChat Pay, so its addition will lure more users here from Pinduoduo," she said, referring to PDD Holdings' rival e-commerce app. Alibaba merchants hail adoption of Tencent's WeChat Pay on Taobao and Tmall
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