MOBILE WORLD LIVE - Jan 20 - ByteDance launched a mobile payment service under the Chinese version of its TikTok brand placing the company head-to-head with dominant rivals Alipay and WeChat Pay. The company confirmed the availability of Douyin (TikTok) Pay in China, with a representative adding it planned to supplement local payment options while enhancing the range of services it offers users of its core app.
by Chris Donkin
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