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Alibaba Introduces Buy Now Pay Later to Increase Sales. Musk’s third-party app Nixed on his Twitter

Delbert Williams IIBy No Comments2 Mins Read

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In today’s ExchangeWire news digest, Alibaba is offering European customers a pay now, pay later service. Musk’s Twitter is believed to have deliberately subverted third-party apps. His ShareChat, an Indian unicorn, is cutting its workforce in the face of economic headwinds.

Alibaba Offers BNPL in Europe

E-commerce giant Alibaba Group Holding now offers European customers the option to pay after receiving their products. The development marks the company’s latest effort to grow its overseas sales at a time when growth in China has slowed.

On Monday (January 16), fintech firm Splitit Payments partnered with Ant Group Co.’s Alipay to offer a BNPL option on AliExpress, Alibaba’s online marketplace for customers outside of China. Announced.

Third-party apps broken on Twitter

twitter

Developers have voiced their displeasure with Elon Musk on Twitter for potentially sabotaging third-party apps to access the site.

Over the years, Twitter has allowed site access via various platforms, most of which were created by third-party developers. However, as of last week, the feature has been shut down by some of the biggest third parties, with reports that this was a deliberate decision by CEO Elon Musk.

ShareChat reduces staff by about 20%

India’s ShareChat has cut about a fifth of its workforce in an attempt to cut costs in the face of global headwinds. The move from Unicorn comes just a month after the company shut down online gaming platform Jeet11 and laid off about 100 employees.

In an internal memo, ShareChat CEO Ankush Sachdeva told employees: ”.

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Interested in reading the latest press releases posted on ExchangeWire? For more information on the PressBox service, email info@exchangewire.com.

facts of the day

180 million – Estimated monthly active users of ShareChat.

Source: BBC

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Born in the early 80s in Milwaukee, Wisconsin, Delbert Williams II has always had a passion for writing. Even in high school, he earned excellent grades in English and writing classes. After attending John Marshall High School, he graduated from Project Stay Alternative High School in Milwaukee. From there, Delbert attended Milwaukee Area Technical College, where he studied music and communications. While he enjoyed these fields, his love for writing remained strong. In 2019, Delbert founded Hard Stack Street Mag, a publication that quickly gained a following for its unique and engaging content. As the founder and editor-in-chief of the magazine, he has worked tirelessly to produce quality articles that cover a wide range of topics, including music, art, culture, and politics. Now 42 years old, Delbert continues to pursue his passion for writing and journalism. Through Hard Stack Street Mag, he has created a platform that allows him to share his voice and perspective with readers from all over the world. With a strong background in writing and a deep understanding of the power of storytelling, Delbert Williams II is a writer to watch. He is dedicated to producing content that is both informative and engaging, and he is committed to using his platform to shine a light on important issues that are often overlooked by mainstream media.

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