The 16th Tmall november 11 shopping festival-related will start at 8:00 PM on October 14th. On October 12th, Alibaba Group Vice President and Tmall Business Unit President Jialuo, in a media interview, stated that with the implementation of a series of incremental policies, consumer enthusiasm on the Taobao and Tmall platforms continues to recover. This november 11 shopping festival, Taobao and Tmall have put in the largest effort in recent years. This year's Tmall november 11 shopping festival-related already supports various payment methods such as Alipay, WeChat Pay, etc. Alibaba Group Vice President and President of the Taotian User Platform Business Unit Wu Jia stated that interoperability is a very important major trend, and Taotian had started to gradually promote WeChat Pay at the end of September. Some product scenarios cannot be used yet, but the progress is ongoing towards a more comprehensive direction. Wu Jia further pointed out that they have observed a rapid increase in the frequency and user base of young users, especially student groups, as well as middle-aged and elderly users. It is expected that this year will have the largest number of purchasing users in the history of Tmall november 11 shopping festival-related. The payment integration is part of the cooperation between Taobao and WeChat, and in the future, they will continue to deepen cooperation in areas including traffic. In addition to cooperating with WeChat, in terms of interoperability, jd.com logistics will also settle in Taobao before november 11 shopping festival-related, providing more choices for merchants. (The Paper)