JD.com (HKG:9618, HKG:89618) will cut transaction fees by 20% for JDPay, compared with its competition, WeChat Pay, next year, The Standard reported Friday.
WeChat is owned by Rival Tencent (HKG:0700, HKG:80700). JD.com also plans to invest 1 billion yuan in marketing, the Standard said.
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