Weibo launched Weibo Payment less than half a year ago. Today Weibo Payment announced to open up to “every user”, either business or individual, at the end of this month. Users, however, need to apply and no details on approval rules have been disclosed today.
It will make Weibo, according to the company, a “social commerce platform” that “enables every Weibo user to provide their followers and other users with commercial offerings. ”
The Weibo payments solution is at root Alipay. That Alibaba, Alipay’s parent company, invested in Weibo was perceived as a move for social commerce. Shortly after the deal we heard the two parts planned to build an e-commerce platform on top of Weibo.
Start your free trial now.
Get instant access to all our premium content, archives, newsletters, and online community.
Monthly Membership
Yearly Membership
What you get
Full access to all premium content and our full archives
Members'-only newsletters
Preferential access and discounts to all TechNode events
Direct access to the TechNode newsroom
Start your free trial now.
Get instant access to all our premium content, archives, newsletters, and online community.