ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Business trends

Tencent, Alibaba take e-wallet wars to Southeast Asia

WeChat Pay to launch Malaysian currency service, Alipay partners local brands

Alipay and WeChat Pay cater mainly to Chinese users, but their parent companies are now eying the masses in Southeast Asia with plans to unveil local currency-supported apps.   © Reuters

BANGKOK -- With a population of 600 million, and good mobile saturation, Southeast Asia is becoming a battleground for e-wallet companies from China.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more