EARTHQUAKE IN CHINESE FINTECH: MEITUAN APP NO LONGER SUPPORTS ALIPAY

Chinese food delivery giant and rating platform Meituan Dianping has recently removed Alipay, Alibaba’s online payment platform, from its app. According to Tech Planet, some users couldn’t find Alipay on Meituan while monthly payment, debit card, WeChat Pay and Apple Pay are still available. Some netizens even complained with Meituan. “Why doesn’t Taobao support WeChat…

TIKTOK CONTINUES UPWARD MOMENTUM: IS THE WORLD’S MOST DOWNLOADED APP 

With 104.7 million installs in January, TikTok is the social media of the moment. While Bytedance’s Toutiao was the most downloaded news app during the same period. Bytedance’s short-video app Douyin, better known as TikTok outside China, continues gaining momentum, garnering 104.7 million global downloads in January, a growth of 46% year-on-year, becoming the world’s…