WeChat Pay, which was built using the framework of Tenpay, has over 900 million users and has supplanted AliPay as the most popular payment service in the country. WeChat is the only app in China to have over one billion active users and is one of only five apps in the world which have surpassed that milestone. It has become one of the largest investors in China, second only to Sequoia China, and alongside hundreds of stakes in Chinese startups it also has shares in Snapchat, Fortnite and Tesla Motors. Tencent takes a small slice of revenue from each of these mini programs, and also provides the payments platform.Īs the platform operator, Tencent is able to see which programs are the most popular. Some of the most popular applications in China, including Pinduoduo, JD.com, DiDi and Meituan, all have mini programs on WeChat.
0 Comments
Leave a Reply. |