President Donald Trump has signed an executive order banning Alipay, WeChat Pay, and six other Chinese apps. The order raises the possibility that the apps could track Federal employees and “build dossiers of personal information,” calling the apps a threat to “the national security, foreign policy, and economy of the […]
Mark Zuckerberg has laid out a vision of how Facebook services will become the backbone for the way people live online, Business Insider’s Shona Ghosh writes. Zuckerberg’s vision for Facebook is uncannily similar to how the WeChat app dominates modern life in China, serving a variety of functions from messaging, […]
Mobile payments have become so common in China that paying with cash is practically unheard-of, even with street performers and taxi drivers. The mobile payment market is dominated by two apps, WeChat Pay and AliPay, which have hundreds of millions of active monthly users and make Apple Pay’s 127 million […]
