Background of the Event
On the evening of July 14, according to Dow Jones, insiders said that Alibaba and Tencent are considering opening up their ecosystems to each other. Alibaba's initial measures may include integrating WeChat Pay into Taobao and Tmall; while Tencent may allow Alibaba's e-commerce information to be shared on WeChat, or allow WeChat users to access some of Alibaba’s services via mini-programs.
Market Impact
Influenced by the news, Alibaba opened more than 3% higher that night, and Tencent's ADR opened more than 2% higher. On July 15, both Tencent and Alibaba closed higher in the Hong Kong stock market.
Fellow investors are all paying attention
The rumor about Tencent and Alibaba considering opening up their ecosystems quickly became a hot topic among fellow investors. As the two giants of the Chinese internet, the 'handshake' between Tencent and Alibaba is like throwing a huge stone into a seemingly calm lake, creating ripples that could become overwhelming waves for other companies. What insights do fellow investors have?? Let’s follow Hot Topic Girl to take a look.~
The Past and Present of Tencent and Alibaba Considering Opening Up Their Ecosystems
If they open up their ecosystems to each other, what will be the impact on the two giants and other companies?
How to view the two giants considering opening up their ecosystems to each other?
The Past and Present of Tencent and Alibaba Considering Opening Up Their Ecosystems
  @晚点LatePost ：
In 2013, Alibaba initially blocked WeChat citing user security concerns. At the time, when users clicked on Taobao links within WeChat, they were not directed to shopping pages but instead to...