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by seanmcdirmid 3120 days ago
Tencent can’t even effectively enter non-mainland Chinese markets (HK, Taiwan, Singapore, etc...) or the countries surrounding the PRC (Cambodia, Myanmar, Vietnam, India, Russia, Korea, ....). Their scope is very china limited, where they have no experience competing with international contenders.
1 comments

WeChat is pretty big in Hong Kong now. I was on Hong Kong MTR last week and half of the people standing around me used WeChat within 10 mins.
Still not as big as Facebook in the SAR. Also, none of the other functions work beyond mobile payments for mainland tourists.
No stores in HK accept weixin wallet, so it is kinda useless