Alibaba questions rival Tencent's online payment services

Executives from Alibaba, China’s online e-commerce giant, have blasted rival Tencent for offering insecure payment services to 400 million users, criticising the company as unqualified to offer financial services, Chinese tech news website ifeng reports.

via Business feed http://www.scmp.com/business/china-business/article/1333980/alibaba-questions-rival-tencents-online-payment-services