![]() ![]() "The Commerce Department's review of these and other apps must not take us down the same misguided path, by serving as a smokescreen for future bans or other unlawful actions. "President Biden is right to revoke these Trump administration executive orders, which blatantly violated the First Amendment rights of TikTok and WeChat users in the United States," said Ashley Gorski, a senior staff attorney at the ACLU. The American Civil Liberties Union applauded Biden's move but warned against any future punitive measures against the apps that could violate the rights of users. Under Biden's new order, the Commerce Department will launch an "evidence-based" evaluation of apps with Chinese connections that may pose a security risk and "take action, as appropriate" based on those reviews. "You can be as pure as the driven snow, but any time Xi Jinping wants to lean on you, he can do it, and you have no appeal," he said. officials remain concerned about how the apps treat Americans' data, Lewis said. "If I was TikTok, I would be thinking about what do I do to ward off another ban."īiden's executive order mandates accountability measures that TikTok does not currently have, including "reliable third-party auditing" of the app for possible security risk.īecause of the ties to China, U.S. "I wouldn't be surprised if you saw a ban reinstated but on more rational grounds," Lewis said. But the apps are "not out of the woods yet," said James Lewis, who heads technology policy at the Center for Strategic and International Studies and has been in discussions with White House officials in both administrations about the future of the apps. The move represents a reset in relations between Washington and TikTok, the hit video-sharing app owned by Beijing-based ByteDance, and WeChat, the popular messaging app run by Shenzhen-based Tencent. ByteDance launched its third-party payment service for the Chinese version of its hit short video app TikTok, Douyin Pay, as it presses to expand into the e-commerce business in China. The set-up of Douyin Pay is to supplement the existing major payment options, and to ultimately enhance user. To replace the Trump-era actions, President Biden signed new orders calling for the Commerce Department to launch national security reviews of apps with links to foreign adversaries, including China. BEIJING: Beijing-based ByteDance launched on Tuesday its third-party payment service for the Chinese version of its hit short video app TikTok, Douyin Pay, as it presses to expand into the e-commerce business in China. Other players include JD.com's JD Pay, Baidu Wallet and Meituan Pay.President Biden on Wednesday rescinded former President Donald Trump's actions targeting Chinese-owned apps TikTok and WeChat.įormer President Donald Trump's TikTok and WeChat bans were officially dropped on Wednesday, but scrutiny of the China-owned apps will continue under the Biden administration. It provides a glimpse of what TikTok could eventually become, as Douyin started selling merchandise in 2017 and now operates a growing e-commerce operation where hundreds of millions of users shop on a daily basis.īyteDance's expansion comes as China's financial regulators are tightening oversight over financial technology firms, particularly companies such as Ant Group.Ĭhina's third-party payment sector is dominated by Alipay and WeChat Pay, with the former taking 55.39% of the total market in the second quarter of last year, according to market researcher Analysys. The company, which denies the allegation, has been in talks for months with Walmart Inc and Oracle Corp to shift such assets into a new entity.ĭouyin is the main revenue generator for ByteDance. Hezhong Yibao obtained a third-party payment license from the central bank in 2014.īyteDance has been ordered by the outgoing Trump administration to divest TikTok's U.S. The latter two are offered by, respectively, Ant Group, an affiliate of Alibaba Group Holding, and Tencent Holdings. ![]() ByteDance founder and CEO Zhang Yiming built up the company's payment capability in China by acquiring Wuhan Hezhong Yibao Technology Co last year. Users of Douyin, ByteDance’s Chinese version of TikTok, recently discovered that they have been offered an additional payment option for in-app purchases, called Douyin Pay, alongside the existing Alipay and WeChat Pay.
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