WeChat: Tencent's not so secret weapon
By Bloomberg News | China Daily | Updated: 2013-01-14 05:50
|
The logo of Tencent's instant-messaging service QQ alongside Sina Weibo's logo. Last year Tencent endured its secondslowest annual profit growth since it listed on the Hong Kong Stock Exchange in 2004. The trend is pulling users away from Tencent's off erings toward competitors including Sina Corp's Twitter-like Weibo, which had built a user base of 424 million as of September. Provided to China Daily |
Just two years ago, Tencent Holdings Ltd introduced a mobile instant-message application called WeChat. It already has 200 million users, including Lai Jingkui, a teacher in China's southern Zhuhai city, who uses the Drift Bottle function to find friends.
Photo
