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45 billion messages were sent daily in January 2019 on. WeChat has 3.5 million mini programs on its platform, which transacted 2.7 trillion RMB in 2021. In Q1 2022, WeChat had 1.26 billion active users. With a small team, TechNode provides timely news and thoughtfully researched articles for worldwide readers interested in learning more about the Chinese tech industry. Tencent’s social network revenue was 17.4 billion in 2021, which accounts for 19 of the company’s total revenue. In January, Baidu further downsized 10-15%, Chinese media reported.

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Baidu has also begun a series of layoffs, with the first round beginning in last December, affecting employees in the company’s gaming, streaming, education, and mobile environment sectors.Last week, Tencent was reported to be cutting 20% of its workforce.Jingxi, the e-commerce giant’s bargain commerce and community group buy business unit, is seeing a cut of 10 to 15, Chinese media outlet 36Kr reported Tuesday, citing unnamed sources familiar with the matter. Alibaba has started to make major cuts in its local food and grocery delivery business this year. JD becomes the latest Chinese tech majors to begin wide-scale layoffs.Since late last year, Alibaba, Baidu, ByteDance, Kuaishou, and Tencent have all begun to lay off people. JD’s 2021 financial reports noted that losses from new businesses, including Jingxi, expanded by 160% quarterly to RMB 3.2 million ($505,921) in Q4 of 2021.Ĭontext: JD joins a growing list of Chinese tech giants cutting staff to stay competitive in an economic slowdown.JD’s other core business units, like customer electronics and retail e-commerce, are largely safe from the cuts. User Safety and Privacy User privacy is a WeChat core value as detailed in WeChats Privacy Policy. The reported layoff is mainly focused on Jingxi Pinpin. 11, more than 100,000 people had used e-CNY on the company's app during the Singles Day promotion period, which started on the evening of Oct. On Friday, JD.com also said it would support e-CNY payments for purchases made on its main online shopping platform in stores run by the e-commerce company, as well those operated by third-party. Businesses seeking to leverage the Weixin platform for connecting to the Weixin ecosystem can learn more about opportunities on the Weixin Open Platform, Weixin Pay for the Chinese Mainland, WeChat Pay HK, and WeChat Pay Malaysia. Jingxi consists four main teams: Jingxi focuses on bargain deals, Jingxi Pinpin on community group buy, Jingxida on logistics, and Xintonglu on enterprise businesses.And online retailer JD.com said this month it would begin facilitating third-party merchants that sell on its platform to start accepting the e-CNY.Details: JD’s layoff will affect at least 400 to 600 staff in the Jingxin unit, according to sources quoted by 36Kr. JD.com Inc is a holding company mainly engaged in e-commerce business. It is not a cryptocurrency such as bitcoin and works very differently.Įarlier this month, Chinese internet giant Tencent began supporting the digital yuan in its massively popular WeChat messaging and payments app. JD.com, China’s e-commerce giant which is also one of the early cohorts that made e-CNY compatible with the platform’s payments since its opt-in in 2020, has seen over 3.3 million transactions worth over 200 million RMB (31.43 million) made in the digital currency at the end of 2021. The People's Bank of China began working on the digital currency in 2014 and it's designed to replace cash and coins in circulation. 5) Set up WeChat Pay again by adding a new bank Card. 4) Go to 'Payment Managment' again and cancel WeChat Pay. 2) Go to Payment Managment (the 3 dots on the top of the Pay page), and cancel all Auto-Deducation Services. The Beijing-headquartered company is the latest in a line of tech companies to help promote the digital yuan, which is also known by its official name Digital Currency Electronic Payment (DCEP). 1) Withdraw all your money from WeChat in Balance > Withdraw.

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It's one of China's food delivery giants but also allows consumers to access lots of different offline services such as booking hotels. Meituan had more than 660 million transacting users who used its services in the 12 months that ended Sept.

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From then on, they can use the digital currency to pay for everything from movie tickets to taxis and hotels. South China Morning Post: JD.

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Users can download the digital yuan, or e-CNY app, and link it to their Meituan app. WeChat Pay hadir dibesarkan oleh negara yang sama dengan tempat dimana AliPay dibesarkan. WeChat Pay merupakan sebuah dompet digital yang berasal dari negara China. Personal Loans for 670 Credit Score or Lower Bagi Anda yang masih belum mengenal apa itu WeChat Pay, kita akan menggali lebih detail informasi tentang WeChat Pay dalam review WeChat Pay kali ini. Personal Loans for 580 Credit Score or Lower Best Debt Consolidation Loans for Bad Credit