日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Technology

Apple accepts WeChat Pay in bid to reverse sales decline

By He Wei in Shanghai | China Daily | Updated: 2017-08-30 07:22

Apple accepts WeChat Pay in bid to reverse sales decline

Logos of Apple's app store, and Wechat Pay. [Photo/VCG]

Apple Inc announced on Tuesday its iconic app store and music-streaming service Apple Music now accepts WeChat Pay in China, a clear sign of easing tensions with internet giant Tencent Holdings Ltd amid an in-app purchase spat.

Experts said Apple had very few choices but to reconcile with Tencent, a bellwether of the mobile industry and a dominant social media force in China, as it tries to salvage falling sales and retain users in the world's largest consumer market.

Apple accepts WeChat Pay in bid to reverse sales decline

In a statement, Apple said it is "excited" to introduce Chinese customers using WeChat Pay to purchase apps or subscribe to Apple Music, and will continue to offer payment options that are simple and convenient.

The inclusion of Tencent-backed WeChat as a payment option fills the void of having China's second-largest mobile wallet on board when 963 million WeChat users become accustomed to making purchases via the all-in-one app.

App store, which houses a number of mobile applications from gaming, entertainment to dining for the iOS system, is a main gateway for the US tech giant to earn fees from iPhone users. It previously supported credit card transactions, its indigenous Apple Pay, China's UnionPay, and Alipay, WeChat Pay's biggest rival.

The Chinese mainland has been a critical battlefield for Apple's app store. As of June, the region generated nearly one-third of the app store's worldwide revenue, according to App Annie, a firm that tracks metrics for apps.

With people awaiting the new iPhone lineups and Chinese brands elbowing into the premium phone market, Apple is in dire need of alternative revenue streams to make up for the sales slump, and that means doubling down on software, said Li Chao, senior analyst at iResearch.

"Apple has nothing to lose to include a familiar payment method to the Chinese. It can even boost sales in the short term," he said.

Li's remarks are backed by numbers. Alipay and WeChat Pay combined a whopping 94 percent of China's 18.8 trillion yuan ($2.85 trillion) mobile payment market in the first quarter of 2017, according to Analysys. Apple Pay, albeit being a hit in Western countries, has less than 1 percent of the market share.

"Despite that, the very last thing it (Apple) should do is to run afoul with Chinese tech players and treat them as competitors," Li said.

Ma Si in Beijing contributed to this story.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
 
主站蜘蛛池模板: 波多野衣结在线精品二区 | 草草草在线视频 | 一级黄色欧美 | 国内自拍视频在线看免费观看 | 国产乱码一区二区三区 | 97精品伊人久久久大香线蕉 | 日本a v在线播放 | 欧美精品1区2区3区 国产午夜精品理论片影院 亚洲精品不卡久久久久久 三级网站免费观看 | 免费一级毛片在线观看 | 久久久婷婷一区二区三区不卡 | 亚洲欧美日韩综合在线 | 加勒比色综合 | 羞羞的视频在线免费观看 | 国产成人一区二区 | 亚洲偷图色综合色就色 | 免费观看成人拍拍拍1000视频 | 日韩中文一区二区三区 | 一区二区免费在线 | 久久一区二区三区四区 | 91探花 | 视频一区在线 | 九九这里只有精品视频 | 伦理午夜电影免费观看 | 一区在线免费观看 | 魔法骑士在线观看免费完整版 | 欧美三级 在线播放 | 成人嫩草影院免费观看 | 国产成人精品福利站 | 综合导航 | 嫩草网站| 欧美操人视频 | 激情五月色婷婷在线观看 | 欧洲伊人网 | 久久久成人精品 | 亚洲a级在线观看 | 国产精品吹潮在线观看中文 | 免费观看一级毛片 | 加勒比色综合 | 国产精品久久久免费视频 | 亚洲午夜精品久久久久久app | 一二区视频 |