Tencent super app WeChat strikes fine balance as everyday tool and public-service platform

Tencent super app WeChat strikes fine balance as everyday tool and public-service platform

Super app WeChat, operated by video gaming and social media giant Tencent Holdings, continues to strike a delicate balancing act between its role as a major revenue stream for the Shenzhen-based company and a vital public-service platform in mainland China, according to analysts. With more than 1.3 billion monthly active users (MAUs), the 13-year old … Read more

Chinese fintech giant Ant Group, Huawei to build HarmonyOS-based Alipay app amid growing adoption of home-grown operating system

Chinese fintech giant Ant Group, Huawei to build HarmonyOS-based Alipay app amid growing adoption of home-grown operating system

The collaboration between Ant, the fintech affiliate of South China Morning Post owner Alibaba Group Holding, and Shenzhen-based Huawei is expected to benefit consumers who use Alipay and the Chinese tech firm’s devices across different scenarios, according to a statement by Ni Xingjun, president of Alipay China business group and chairman of Ant’s technology strategy … Read more