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WeChat grows despite China's crackdown
Tencent Holdings Ltd.’s WeChat super app managed remarkable growth in services from e-commerce to payments and search over the past year, defying a government crackdown that sought to tear down barriers within China’s internet arena.
Daily active users of WeChat mini-programs — lite apps within the main social media and messaging platform — grew about 12.5% to 450 million in 2021, Tencent executives said during the WeChat annual event Thursday.
Tencent Holdings Ltd.’s WeChat super app managed remarkable growth in services from e-commerce to payments and search over the past year, defying a government crackdown that sought to tear down barriers within China’s internet arena.
Daily active users of WeChat mini-programs — lite apps within the main social media and messaging platform — grew about 12.5% to 450 million in 2021, Tencent executives said during the WeChat annual event Thursday.