The Economist -
16 Jan 2014 18:00
UK Only Article:Â standard article Issue:Â Coming to an office near you Fly Title:Â Making money from WeChat Rubric:Â Can WeChat become a world-beating app? Location:Â SHANGHAI IT IS hard to make money peddling social media anywhere. During their first few years in business, Facebook and Twitter lost pots of money. Yet somehow Tencent, an innovative Chinese firm that released the WeChat app in 2011, seems to have cracked the code. Alicia Yap of Barclays, an investment bank, forecasts that W...
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