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by tanilama
2246 days ago
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> I think the international opinion is that there is no WeChat competitor in China because people are afraid to step on the toes of those in power But how can there isn't a WeChat competitor, that actually does all the things WeChat is capable of in US/EU? Regarding WeChat as if it is another chat application only means you have never been a regular user of it, which is probably true to most HN folks. WeChat actually has its own embedded WebView within it and JS execution engine also. It also has the whole Paypal counterpart ships with it. The whole WeChat ecosystem is probably on par with the whole Facebook, probably more complex than Chrome I would say. |
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For many reasons, but I think a major one is because neither EU nor US (both people and governments) would be cool with all aspects of one's life being functional ONLY by using this one app. Imagine if a WeChat competitor came out in EU/US, and now you cannot use transit without this app at all, or buy things, or get a taxi, etc.
This is extremely anti-competitive and goes even beyond the usual monopoly definition. Major politicians these days run for president on the promise to break down Amazon, Google, etc. And neither of those come even close to the monopolistic reach on the scale that WeChat operates on.