China

Tencent opens super app WeChat to Chinese e-commerce rivals amid inexorable regulatory pressure, analysts say



Tencent Holdings’ recent move to open up its ubiquitous super app WeChat to shopping links from external platforms marks a major victory for Chinese regulators, as Big Tech companies bow to pressure to remove online walled gardens in the world’s biggest e-commerce market, according to analysts.“These high walls that tech companies built are finally coming down,” said David Wei Shilin, a senior partner at multinational law firm Dentons, who indicated that the impact of this development will be…



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