Alibaba's (BABA) mobile and online payment platform Alipay is the latest to hit ride-hailing service provider DiDi (DIDI) a big blow. Citing undisclosed sources, Reuters reports that the payment app will no longer offer light-version software of DiDi's app to new users. The Alibaba App joins Tencent's (TCEHY) WeChat, which has also suspended DiDi’s light-version software to new users. However, the DiDi service will still be available to users who already use them on the two platforms. The suspension only affects new users. (See Alibaba stock charts on TipRanks) DiDi is under immense regulatory pressure in China.
https://www.tipranks.com/news/alipay-blocks-new-users-access-to-didis-micro-software-report
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