Walmart stores in the Huaxi region of western China have ended a partnership with Alibaba-affiliate Alipay in favour of rival Tencent's WeChat, the retailer has confirmed. The move comes after Walmart's Chinese subsidiary signed an agreement to sell its products on China's popular e-commerce platform for 99 cents per item.
Walmart stores in the Huaxi region of western China have ended a partnership with Alibaba-affiliate Alipay in favour of rival Tencent's WeChat, the retailer has confirmed. The companies will also work together in big data analytics and precision marketing.