“Startups have no choice but to join either the Alibaba or Tencent camp, because the two control the so-called superapps that serve as gateways to vast amounts of users," she said. Without addressing those problems, it will not fundamentally change the competitive landscape in China’s tech industry," Ms. “This is the core of the antitrust issue here. In April, the country’s State Administration for Market Regulation fined Alibaba a record 18.2 billion yuan, the equivalent of $2.8 billion, for forcing vendors to sell exclusively on its platform, in a practice known as “er xuan yi," or “choose one out of two."Īlibaba was also ordered to carry out a comprehensive revamp and submit “self-examination compliance reports" in the next three years.Īngela Zhang, an associate professor of law at the University of Hong Kong and author of “Chinese Antitrust Exceptionalism," said the split in China’s internet was a fundamental competitive problem. The moves come as Beijing seeks to tame China’s tech giants. Mini-programs are light apps embedded in the main WeChat app. Tencent could make it easier to share Alibaba e-commerce listings on its WeChat messaging app, or allow selected Alibaba services to access WeChat users via so-called mini-programs, some of the people said.
Initial steps from Alibaba could include introducing Tencent’s WeChat Pay to Alibaba’s e-commerce marketplaces, Taobao and Tmall, some of the people said.
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