Tag: WeChat
TikTok reaches 1 billion users in 5 years
For the last couple of years, TikTok’s stature as a social media platform has grown rapidly, and is now a household name despite the presence of social media giants like Facebook and Twitter. In the second half of 2021, TikTok boasted that it joined the elite club of social media applications to reach one billion…
Tech Digest daily round up: Profit up 53% at Samsung Electronics
Tech giant Samsung Electronics has said it expects its quarterly profit to rise by 53% amid a global chip shortage. The world's biggest memory-chip and smartphone maker forecast operating profit of $11bn (£8bn) for the three months to the end of June. It said strong demand for memory chips had offset weaker sales of devices…
WeChat now worth $68 billion – more than 3 Chinese banks
As the leading social networking app in China and the fifth most widely used globally, WeChat saw impressive growth amid the COVID-19 pandemic, both in revenue and the number of users. The brand value of Tencent Holding's mobile messaging app also surged in the last year, launching WeChat among the strongest brands globally. According to…
WeChat most popular app in China, claims study
The use of the mobile phone to access the internet has grown tremendously in China over the last decade. The penetration rate of mobile internet users in China was at an all-time high in 2020, making the apps marketplace one of the most competitive in the world. Data presented by TradingPlatforms.com breaks down the leading apps in China in 2020 per category. Mobile…
China to reach 1.1 Billion social media users by 2025
Social media is one of the most popular activities on the internet in many parts of the world with 3.6 billion users globally. One of the fastest-growing social media regions is in Mainland China, despite the country imposing a ban on foreign internet corporations such as Facebook. According to data presented by TradingPlatforms.com, Mainland China is…
