WALL STREET JOURNAL - Nov 28 - Late last week, Ant Financial Services Group, the financial affiliate of e-commerce giant Alibaba, updated its flagship Alipay app with a new social feature called "Circles" that allows users to share messages and photos. Only women were allowed to post images in the groups that are publicly visible. The app initially divided men into two groups depending on their scores on Alipay's data-driven credit-rating system. Those with high scores were allowed to comment, while low-scorers were limited to "liking" photos and using the payment platform to give female users cash gifts. The result over the weekend was an explosion of photos of half naked women. In some cases, the photos came with messages indicating the women were looking for wealthy boyfriends. The company described Circles as an "open platform" that was still in the testing phase.
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