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Tencent to roll out a credit rating system

By He Wei in Shanghai | China Daily | Updated: 2017-08-11 08:25

Testing positions company to compete with Alibaba's 'Sesame' web operation

Tencent Holdings Ltd, the social networking-to-payment conglomerate, is developing a credit-scoring system.

This is the company's latest attempt to seize market share from archrival Alibaba Group Holding Ltd in China's lucrative online payment sector.

Tencent to roll out a credit rating system

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