{"id":81810,"date":"2018-08-18T01:02:23","date_gmt":"2018-08-18T08:02:23","guid":{"rendered":"https:\/\/lifeboat.com\/blog\/2018\/08\/baidu-alibaba-and-tencent-the-rise-of-chinas-tech-giants"},"modified":"2018-08-18T01:02:23","modified_gmt":"2018-08-18T08:02:23","slug":"baidu-alibaba-and-tencent-the-rise-of-chinas-tech-giants","status":"publish","type":"post","link":"https:\/\/lifeboat.com\/blog\/2018\/08\/baidu-alibaba-and-tencent-the-rise-of-chinas-tech-giants","title":{"rendered":"Baidu, Alibaba, and Tencent: The Rise of China\u2019s Tech Giants"},"content":{"rendered":"<p><a class=\"aligncenter blog-photo\" href=\"https:\/\/lifeboat.com\/blog.images\/baidu-alibaba-and-tencent-the-rise-of-chinas-tech-giants.jpg\"><\/a><\/p>\n<p>Home to both Tmall (B2C) and Taobao (C2C)\u2014China\u2019s top online marketplaces\u2014Alibaba has taken its legacy worldwide with foreign-facing AliExpress. But the real treasure trove of real-world data lies in Alipay, Alibaba\u2019s mobile payments platform.<\/p>\n<p>While mobile payments make up less than one percent of overall in-store transaction volume in the US, they are almost indispensable in China.<\/p>\n<p>Pedestrians pay street-side fruit vendors using QR codes. Charitable givers use Alipay or Wechat Wallet when donating to relief funds or directly to affected families. And at one Hangzhou-based KFC, Alipay debuted the concept of paying with your face.<\/p>\n<p><!-- Link: <a href=\"https:\/\/singularityhub.com\/2018\/08\/17\/baidu-alibaba-and-tencent-the-rise-of-chinas-tech-giants\/\">https:\/\/singularityhub.com\/2018\/08\/17\/baidu-alibaba-and-tenc...ch-giants\/<\/a> --><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Home to both Tmall (B2C) and Taobao (C2C)\u2014China\u2019s top online marketplaces\u2014Alibaba has taken its legacy worldwide with foreign-facing AliExpress. But the real treasure trove of real-world data lies in Alipay, Alibaba\u2019s mobile payments platform. While mobile payments make up less than one percent of overall in-store transaction volume in the US, they are almost indispensable [\u2026]<\/p>\n","protected":false},"author":354,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"class_list":["post-81810","post","type-post","status-publish","format-standard","hentry","category-futurism"],"_links":{"self":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/81810","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/users\/354"}],"replies":[{"embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/comments?post=81810"}],"version-history":[{"count":0,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/posts\/81810\/revisions"}],"wp:attachment":[{"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/media?parent=81810"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/categories?post=81810"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/lifeboat.com\/blog\/wp-json\/wp\/v2\/tags?post=81810"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}