jd.com ecny jingxi wechat pay chinachina

Jd.com ecny jingxi wechat pay chinachina upgrade#

Sesame Credit is used to generate individual credit scores based on both online and offline data. The launch of Jingxi marks an aggressive push of China's second-largest online retailer to increase its share of the consumer market.Īlipay Developing A New 'Lite Membership'Īccording to Sina, Alipay is developing a new 'Lite Membership' at the moment which is linked with Alipay's credit pay function Sesame Credit. Since the high-tier cities' e-commerce markets are starting to saturate, JD.com also saw the new growth opportunity in those low-tier cities and rural areas. The previous 99 Good Deals Day held by Alibaba mainly featured low-priced items and then generated a gross merchandise volume of roughly US$8.3 billion within two days. Buyers who share product information on popular social networks and invite friends, family and social contacts to purchase together get rewards and discounts. Jingxi targets users in small and medium-sized cities in China and provides discounts on group buying, sharing the same model with Pinduoduo and Juhuansuan. Jingxi will be available on both forms of the app and WeChat Mini-Program at the beginning of October.

Jd.com ecny jingxi wechat pay chinachina upgrade#

Jingxi is an upgrade from its predecessor named JD.com Pinguo, which mostly targets Chinese female consumers and small-city shoppers with ultra low-priced items. JD.com, China's second-largest online retailer has developed its own online group-buying service 'Jingxi' to rival Alibaba's Juhuasuan and Pinduoduo in lower-tier cities.