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)

Big Tech Compliance Tracker: BIS Wary Of Big Tech’s Power; Meituan Could Face $1B Penalty
Big Tech Compliance Tracker: BIS Wary Of Big Tech’s Power; Meituan Could Face $1B Penalty
August 09, 2021  |  Regulation

Here’s the latest news from the technology industry, which is coming under increasing global scrutiny. BIS Wary Of Big Tech’s Market Power, Data Concentration In...

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Chinese Regulators Slap Tencent’s WeChat With Lawsuit
Chinese Regulators Slap Tencent’s WeChat With Lawsuit
August 06, 2021  |  Legal

Shenzhen-headquartered Tencent is being slapped with a lawsuit over its WeChat subsidiary and regulations concerning minors, Reuters reported on Friday (Aug. 6). The WeChat app’s...

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China’s WeChat Turns Away New Users While Meeting Mandated Upgrades
China’s WeChat Turns Away New Users While Meeting Mandated Upgrades
July 27, 2021  |  International

For the time being, Tencent is no longer taking on new WeChat users while it undergoes technical upgrades that will adhere to new security mandates...

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Didi’s Domestic Tiff Causes Ripple Effects From Wall Street To Chinese Super Apps
Didi’s Domestic Tiff Causes Ripple Effects From Wall Street To Chinese Super Apps
July 07, 2021  |  International

In China, the rise of the super app may face headwinds. Or think of it this way: If a super app is a chain of...

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China Forces Removal Of Didi From WeChat And Alipay Apps
China Forces Removal Of Didi From WeChat And Alipay Apps
July 07, 2021  |  Ridesharing

Chinese regulators forced Tencent’s WeChat messaging service and Ant Group’s Alipay to remove Didi from its app interface and rendered Didi no longer searchable in...

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Commerce Department Rescinds Never-Enforced TikTok, WeChat Bans
Commerce Department Rescinds Never-Enforced TikTok, WeChat Bans
June 21, 2021  |  Regulation

The U.S. Commerce Department on Monday (June 21) formally withdrew, retroactive to June 16, Trump-era restrictions preventing certain transactions involving Chinese-owned smartphone apps WeChat and...

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Today In Payments Around The World: Pollinate Notches $50 Million; The Rise Fund To Invest $200 Million In Airtel Africa’s Mobile Money Unit
Today In Payments Around The World: Pollinate Notches $50 Million; The Rise Fund To Invest...
March 18, 2021  |  International

In today’s top payments news around the world, Pollinate has notched $50 million to bring its software business to North America and develop its platform...

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China’s Tencent To Host Alibaba’s Bargains App, Taobao Deals
China’s Tencent To Host Alibaba’s Bargains App, Taobao Deals
March 17, 2021  |  eCommerce

Alibaba Group — the biggest eCommerce platform in China — will host its bargains app, Taobao Deals, on Tencent’s WeChat platform, Bloomberg reported, citing sources....

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Trump Executive Order Bans Transactions With Alipay, 7 Other Chinese Companies
Trump Executive Order Bans Transactions With Alipay, 7 Other Chinese Companies
January 05, 2021  |  Regulation

President Donald Trump has banned transactions with eight Chinese software applications, including Ant Group‘s Alipay, which will escalate tensions with Beijing as he prepares to...

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