The two Chinese giants, Alibaba Group Holding and Tencent Holdings are collaborating for the first time.
Alibaba is planning to set up a Taobao Deals lite app on Tencent Holdings WeChat messaging platform. The company will also begin accepting payments made through WeChat Pay. The collaboration means that users of Taobao Deals can now pay via WeChat Pay and receive payment among friends.
Tencent is yet to accept the listing of the Taobao Deals lite app. The WeChat platform has evolved from a purely chat based programme to ride-hailing, online shopping, and payments on its platform which has over a billion users.