MrM
WinningTrader
:
Likely because users in China usually use WeChat pay to buy things. It’s their behaviour so JD and PDD benefited from it since Tencent holds big stakes in these companies and these companies uses WeChat pay. Taobao will also break into Tencent ecosystem.
巴韭特
MrM
:
To be honest, this is not the key point. In China, people will not choose other platforms just because Taobao does not support WeChat payment.
巴韭特
whyareyourunning
:
Yes, as a Chinese person, I don't believe this matter will have any substantial help to alibaba. If this was a company on the rise, this news might indeed promote growth, but alibaba is not, and such news will not change its essence.
巴韭特
MrM
:
If Alibaba can return to 300, I think I will also be very happy. My brother-in-law is an Alibaba employee and he hopes that his Alibaba stocks can rise every day.
MrM : Good news. Make it easier for those who wants to use WeChat pay to buy at Taobao too. No longer go to rivals because of payment preferences.
WinningTrader MrM : is this helping BABA increase it revenue??
MrM WinningTrader : Likely because users in China usually use WeChat pay to buy things. It’s their behaviour so JD and PDD benefited from it since Tencent holds big stakes in these companies and these companies uses WeChat pay. Taobao will also break into Tencent ecosystem.
巴韭特 MrM : To be honest, this is not the key point. In China, people will not choose other platforms just because Taobao does not support WeChat payment.
MrM 巴韭特 : It still matters in some sense. The convenience it brings. Next will be Taobao app inside WeChat
whyareyourunning 巴韭特 : he's just trying to find reason to support the price. yet it's selling on news. so just ignore this guy and continue short
巴韭特 whyareyourunning : Yes, as a Chinese person, I don't believe this matter will have any substantial help to alibaba. If this was a company on the rise, this news might indeed promote growth, but alibaba is not, and such news will not change its essence.
MrM whyareyourunning : Show your short position. Don’t talk big with your ten dollars short. No one likes you here btw
MrM 巴韭特 : When it’s back to 300, I bet you will say differently by then. 回头是岸兄弟
巴韭特 MrM : If Alibaba can return to 300, I think I will also be very happy. My brother-in-law is an Alibaba employee and he hopes that his Alibaba stocks can rise every day.
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