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The FinTech Story of WeChat

WeChat, which was developed by Tencent in 2011, is one of the top five instant messaging apps globally. In 2018, it grew its monthly active users to 1.08 billion (one billion daily active users). WeChat provides three major services – chat, wallet, and third-party services. Its chat services have messaging, voice messaging, and video calls integrated in it. WeChat Wallet enables users to pay bills, recharge mobiles, mak ...

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