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Everything You Need To Know About WeChat

So WeChat which was developed by Tencent is one of the top messaging apps in the world, and in 2018, it monthly active users grew to 1.08 billion.(that insane)

Everything You Need To Know About WeChat | app, Chinese, messaging app, Tencent, wallet, wechat

WeChat provides three major services which are chat, which compromises of messaging, voice and video call capabilities. Wallet, which includes payment of bills,QR code payment and recharge. And finally third party services which includes online shopping,travel booking and food delivery.

WeChat experienced a huge growth in 2014 when they launched a new service called red envelope. What red envelope does is that it allows users send digital cash/currency to friends and family.

The new feature was the turning point for the instant messaging service, in just the first month of it launch, WeChat users growth skyrocketed. In 2017, the transaction carried out on red envelope reached $14 billion.(that some huge numbers)

In 2019, WeChat which has a user base of over 820 million users had Chinese travellers do purchases of over 1.2 billion through the platform.

As a matter of fact in 2017, WeChat overtook Alibaba with 600 million active users of it payment service compared to Alibaba’s Alipay.

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Emmanuel
Hello there I'm a tech-inclined geek, and I've always been a huge fan when it comes to anything tech, so I decided to share my knowledge with the online community and also share some of the latest buzzing news in the tech biosphere. i am dedicated to providing you guys with the best news updates. email: [email protected]
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