Paipai

Tencent also operates an online-payment service, called Tenpay, online retail site QQ Mall, a website called Paipai for commerce between consumers, and a group-deals service.

Tencent to Launch New E-Commerce Site Next Month Owen Fletcher 2011

Alibaba Group has a similar suite of services, including online-payments affiliate Alipay and Taobao Marketplace, a Taobao Mall sister company that competes with Paipai.

Tencent to Launch New E-Commerce Site Next Month Owen Fletcher 2011

Tencent Holding Ltd. 's three-year-old Paipai. com has 9% -- a distant second to Taobao's 76% share.

Sites Battle for Chinese Web Users 2008

Tencent said it will make investments to boost its search engine and online advertising platform and improve its e-commerce sites Paipai and Tenpay.

Reuters: Top News 2011

Tencent also owns the second largest auction site in China - Paipai. com, all the merchants and buyers on Paipai are required to use Tenpay by default.

Chinalyst - China blogs in English 2010

Then there was the C2C ecommerce site Paipai, and the third-party payment service TenPay (财付通).

Danwei - Media, Advertising, and Urban Life in China 2010

Top C2C players: Taobao. com, Paipai. com, Eachnet. com

ReadWriteWeb Guest Author 2010

Top C2C players: Taobao. com, Paipai. com, Eachnet. com

ReadWriteWeb Guest Author 2010

Dangdang. com, Joyo, Eachnet, Paipai. com and Others 89

unknown title 2009

Not Dead Yet The rise of online retail in China doesn't mean the end of consumer bartering on websites like Taobao Marketplace or Paipai.com, a rival site run by Tencent Holdings Ltd. Alibaba Group Chairman Jack Ma last monthsaid the company is aiming for one trillion yuan in combined transactions on Taobao Mall and Taobao Marketplace in 2012, up from around 400 billion yuan last year, with Taobao Mall aiming to contribute just one-fifth of that combined total.

The New Online Battleground Owen Fletcher 2011