WeChat Wallet in South Africa shuts down

Swa

Honorary Master
Joined
May 4, 2012
Messages
30,320
Was this not another failed Naspers venture? Nobody wanted it with Telegram and Whatsapp.
 

|tera|

Master of Messengers
Joined
Mar 31, 2006
Messages
25,906
Was this not another failed Naspers venture? Nobody wanted it with Telegram and Whatsapp.
Nope. Far from a failure.
Consider that today, Tencent is a roughly $410 billion company, and though Naspers has sold off some of its holdings in the company over the years, it still owns a little more than 30% of Tencent, for a stake currently worth roughly $120 billion.
 
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