Sesame Credit is operated by Ant Financial, a subsidiary of Alibaba. They're a competitor to whatever credit scoring Tencent does for their forays into micro-lending.
Bringing in the Tencent credit scoring for micro-lending is muddying the issue. Possibly I’m guessing an intentional move on their part to limit the damage from their association with Sesame Credit.
As I understand it Tencent has worked closely with the Chinese government to enable its social media properties like WeChat to feed data into Sesame Credit on a massive scale. This is a project that they support and enable, and I believe in the early days they were also one of the companies that helped to develop it, regardless of who currently operates it on paper.
As I understand it Tencent has worked closely with the Chinese government to enable its social media properties like WeChat to feed data into Sesame Credit on a massive scale. This is a project that they support and enable, and I believe in the early days they were also one of the companies that helped to develop it, regardless of who currently operates it on paper.