Tech Planet stated some customers couldn’t discover Alipay on Meituan whereas month-to-month fee, debit card, WeChat Pay and Apple Pay are nonetheless obtainable.
“Why doesn’t Taobao support WeChat Pay?” Meituan CEO Wang Xing responded on social media. “WeChat Pay has more active users than Alipay and lower transaction fees.”
Meituan additionally blocked Alipay in 2016 and 2018. Alibaba at present holds 1.48% of Meituan’s shares.
On Could 29, Meituan launched its month-to-month fee plan the place customers can “buy this month and pay next month” with a most interest-free interval of 38 days. It additionally helps installment funds as much as 12 months.
Meituan’s income dropped 13% within the first quarter of 2020 as a result of impression of COVID-19. The corporate has since launched “contactless delivery” providers to reboot supply orders through the quarantine.