BEIJING -- Starting Friday, consumers shopping on Alibaba's Taobao platform can now use Tencent's WeChat Pay for transactions, according to an official statement from Taobao. The new payment option allows users to complete purchases with WeChat Pay, and subsequent updates will enable users to access transaction records and bills directly within the WeChat app, WeChat Pay said. JD.com will also …
A salesperson promotes jewelry via livestreaming in Lianyungang, Jiangsu province. GENG YUHE/FOR CHINA DAILY Major Chinese e-commerce platforms are offering steep discounts and shopping subsidies as well as simplifying promotional methods by canceling presale campaigns during this year's extended June 18 online shopping carnival, with direct price cuts being a preferred strategy. Data from Tmall, Chinese tech heavyweight Alibaba Group's …