Tencent super app WeChat celebrates a decade of influence in China's online world, but are its best years behind it?
WeChat has helped make Tencent the largest company in Asia and propelled its market capitalisation to US$800bil, the sixth biggest globally. While WeChat does not have to worry about foreign competition, it is facing a fierce fight from emerging domestic rivals like ByteDance. — SCMP Chen Channing, a 30-year-old legal professional in Shenzhen, cannot go a day without WeChat, the all purpose app developed by Chinese tech giant Tencent Holdings. Before he brushes his teeth in the morning, Chen checks for messages on the app. He uses the payment function to ride the subway to work and on the w...
Source: thestar.com.my