![]() ![]() Other companies on the list included Chinese online search giant Baidu, short video platform Kuaishou and microblogging site Sina’s Weibo. The CAC’s list, for instance, said the Taobao app had logged with it a recommendation algorithm that crunched each user’s visit and search history to recommend them products and services, while Meituan had provided details of the algorithm it used to estimate delivery times and match riders. (WeChat dominates in mini-programs, apps that allow companies to build e-commerce sites or services within an ecosystem. WeChat, with over one billion users, moved into the eCommerce space in 2017, collaborating with Walmart and Starbucks. Alibaba has quietly launched at least two mini-programs on WeChat since April one for its supermarket unit, Hema, and another that generates ticketing for travel business called Fliggy. It was the first list it published since China in March passed new regulations for algorithm recommendation services and launched a filing system requiring firms to companies to disclose they used in their apps. In 2020, WeChat’s social commerce venture raked in 240 billion.libaba’s UC browser was deleted from app stores by Chinese regulators as part of Beijing’s crackdown on tech companies. ![]() The Cyberspace Administration of China (CAC) published a list of 30 algorithms used in some of the country’s most popular apps, including Alibaba’s Taobao,Tencent’s Wechat,Meituan and ByteDance’s Douyin, with brief descriptions of their use and gave them classification numbers. State media had accused internet platforms of using algorithms to invade user privacy and influencing their choices. The rules are part of a broad regulatory crackdown by Beijing against its once free-wheeling technology sector. Tencents stock rose as much as 2.5 per cent. If Tencent’s payment product enters Alibaba’s. People are mostly interested in the interconnection of AliPay, which is run by Hangzhou-based Alibaba, and WeChat Pay, two of the most popular mobile payment platforms in China, said Yu Baicheng, head of 01Caijing Think Tank. Shares of Alibaba jumped as much as 6.3 per cent in Hong Kong Tuesday, snapping five days of losses. Alibaba’s shares may also have been affected by a Financial Times report that Beijing wants to break up Alipay, the payments superapp owned by its sister company Ant. The operators of Taobao and WeChat Pay have yet to comment. SHANGHAI (Reuters) – China’s top internet watchdog said on Friday tech giants such as Tencent Holdings and Alibaba Group have submitted details of algorithms used in some of their products, complying with a drive by authorities to tighten oversight of platform algorithms. Earlier this year, Alibaba sought to set up a Taobao Deals lite app on WeChat and had already invited merchants to participate, Bloomberg News reported. ![]()
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