Tencent’s social app WeChat had launched a mini program called "Tencent e-CNY Wallet", though the program is still in the process of A/B Testing.
This week: Tencent's WeChat suspends NFT accounts, Chinese AR glasses maker Nreal raises $60 million in series C+ funding round, Taiwanese pop star Jay Chou claims someone stole his Bored Ape NFT, and more.
Tencent’s social app WeChat issued a notice on Thursday regarding the progress of its rectification efforts for the enforced following of accounts while ordering at restaurants.
Chinese authorities are considering requiring Tencent to include its WeChat Pay system in a newly created financial holding company.
People’s Bank of China (PBoC) previously issued a notice, stipulating that personal payment reception QR codes cannot not be used for business, but can still be used normally for non-business scenarios.
Chinese communications platform WeChat has recently tested a cross-border e-commerce mini program called “Shopping Around World Online,” with Tenpay as the main channel.
A social media app called Gel, which focuses on virtual images, was published in January and has quickly became the first social app since 2019 to surpass WeChat in the Chinese app store download list.
SaaS service provider China Youzan has launched its first round of layoffs this month. The first employees to be cut are product and technology R&D staff.
Huang Tieming, Vice President of WeiXin Group (WXG), announced the latest figures for WeCom, the enterprise version of WeChat. Huang said that the number of active users was 180 million.
Douyin recently tested the "Reward" function, which is another way for short videos creators to make money through content.
Meituan had started an internal test for its new feature called "Fanxiaoquan", a social media platform which allows users to recommend food to their Wechat friends or to a phone number by sharing food delivery orders.
After carrying out a series of technology security upgrades, Tencent on Thursday resumed new registrations for WeChat personal and official accounts.
WeChat Pay Score officially launched an immediate delivery service on Wednesday to optimize users' experience and reduce the contact risk. Delivery fees can be deducted automatically after users send out their packages.
US President Joe Biden on Wednesday revoked former President Trump's executive orders trying to ban Chinese short video app TikTok and instant communication app WeChat over national security concerns and issued a new order to review security concerns posed by these apps, the White House said.