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Tech talk- WeChat
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- 2. WHAT IS WECHAT? WeChatis a Chinese social media mobile application software Includes instant messaging, calling, gaming, commerce and payment services Developed by Chinese tech titan Tencent WeChat was first released in 2011 Now over 938 million monthly active users
- 3. WECHAT FEATURES Videocalls, instant group chats, easy sharing of large multimedia files, etc. Business-oriented chat service More than email WeChat QR Like snapchat People who divide their time between China and the West complain that leaving WeChat behind is akin to stepping back in time.
- 4. WECHAT BUSINESS PRESENCE $500+ Billion in peer-to-peer transactions Can tip favorite bloggers or celebrities Shanghai Fufeitong Information Technology Medicine Apple and WeChat partnership Steps to a “cashless economy”
- 5. SOURCES http://www.businessinsider.com/what-is-wechat-2015-10/#celebrities-use-wechat-to-directly- communicate-with-fans-and-some-even-charge-for-the-most-loyal-fans-to-have-exclusive- access-to-what-they-share-9 https://www.economist.com/news/business/21703428-chinas-wechat-shows-way-social- medias-future-wechats-world https://www.forbes.com/sites/jlim/2014/06/16/wechat-is-being-trialed-to-make-hospitals- more-efficient-in-china/#2f16fbf855e2 https://www.morningbrew.com/latest/stories/2017/08/31/wed-just-like-to-say-were-sorry/
Editor's Notes
- #5 Utilities - Shanghai Fufeitong Information Technology "a company that enables residents to pay utility bills online," Doctor - patients can view information about specialist doctors, make an appointment and even monitor where they are in the queue. "The ability for patients to pre-pay their registration fee and medicine costs through the app (if they have connected their bankcard to WeChat) further accelerates the usual cumbersome experience.“ Apple - Only 13% of the 680 million iPhone users have tried Apple Pay. And China is Apples 2nd largest market