#FinancialNews Express# Taobao Tmall and WeChat Pay finally "join hands"! On September 4, Taobao Tmall announced that it would add the WeChat payment function, which will be gradually opened to all merchants from September 12. This means that everyone can use WeChat Pay directly when shopping on Taobao Tmall! 🎉

This cooperation not only improves the user experience, but also marks an important step in the "interconnection" between Alibaba and Tencent. After completing the rectification, Alibaba opened up a new business space with the help of WeChat, a national-level application. 📈

The huge user base of WeChat Pay, especially the usage rate of the elderly group, has allowed Alibaba to see new growth points. Although this may weaken Alipay's moat, Alibaba has to make a choice under the demand for returning to growth.

What do you think of this cooperation? What impact do you think it will have on the market? Welcome to share your views in the comment area! 💬

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