wechat

WeChat is a Chinese multi-purpose messaging, social media and mobile payment app developed by Tencent. It was first released in 2011, and became one of the world's largest standalone mobile apps in 2018, with over 1 billion monthly active users.

Source: wechat.com

Social Commerce Startup Yunji Raises $200M Via IPO
Social Commerce Startup Yunji Raises $200M Via IPO
March 25, 2019  |  IPO

Yunji, the Chinese eCommerce company that has a link to WeChat, the popular China-based messaging app, is raising as much as $200 million via a...

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Breach Exposes Millions Of Chinese Chat Logs
Breach Exposes Millions Of Chinese Chat Logs
March 05, 2019  |  Security & Fraud

A security researcher has discovered that hundreds of millions of private chat logs from Chinese users were exposed on the internet. Victor Gevers of cybersecurity...

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China’s WeChat Exposes Debtors Via Social Media
China’s WeChat Exposes Debtors Via Social Media
February 04, 2019  |  Mobile Applications

A new Chinese app has been created specifically to shame people who don’t pay their bills. The “deadbeat map” app with WeChat, which was developed...

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WeChat Takes On Alibaba With ‘Payments Score’
WeChat Takes On Alibaba With ‘Payments Score’
January 16, 2019  |  Mobile Applications

WeChat is now using a rating system to determine if a user is eligible to receive perks, including deposit-free renting services. WeChat Payments Score soft-launched...

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WeChat Eyes Video Streaming, Satellite Apps
WeChat Eyes Video Streaming, Satellite Apps
January 14, 2019  |  Mobile Applications

WeChat’s founder has revealed the company’s next moves as he admits that even the popular platform could potentially become obsolete. “WeChat will need to face...

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Chinese P2P Falls As Other Payment Ecosystems Expand
Chinese P2P Falls As Other Payment Ecosystems Expand
January 10, 2019  |  Ecosystems

Thanks to a nationwide crackdown on peer-to-peer (P2P) lending in China, a move that came after a series of multibillion dollar scams in that space...

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Tencent To Roll Out Voice-Activated Assistant For WeChat
Tencent To Roll Out Voice-Activated Assistant For WeChat
January 09, 2019  |  Voice Activation

Tencent, the China Internet company, is gearing up to roll out a voice-activated digital assistant for WeChat, its messaging app. Bloomberg, citing comments WeChat executive Zhou...

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Five At Five: Apple’s 5G Delaying Plan
Five At Five: Apple’s 5G Delaying Plan
December 03, 2018  |  News

Welcome to the Five at Five, your late look at the day’s payments and commerce news. Today’s coverage includes the latest on how Apple views...

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TD Ameritrade Integrates With Tencent’s WeChat
TD Ameritrade Integrates With Tencent’s WeChat
December 03, 2018  |  International

TD Ameritrade, the Omaha, Nebraska online brokerage, announced Monday (December 3) that it is the first U.S.-based brokerage to integrate with Tencent’s WeChat messaging system,...

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