10 years ago 2 months ago

WeChat Now Has Over 355 Million Monthly Active Users

by Kokou Adzo 10 years ago2 months ago

WeChat may not be $19 billion richer like competitor WhatsApp, but according to creator Tencent, the messaging app has surpassed 355 million monthly active users.

Today, Tencent published its earnings report for Q4 2013, and revealed that WeChat users have increased 121 percent from Q4 2012.

“In international markets, WeChat achieved robust aggregate user growth, but we are increasingly focused on driving engagement in specific target geographic regions. Looking ahead, we aim to further improve user engagement on Weixin and WeChat by enhancing the core communications and social functions.”

Weixin is the Chinese counterpart, and Tencent saw a nine percent increase in revenue for the fourth quarter to $2.783 billion.

Last week, investment banking company CLSA valued WeChat at between $35 and $64 billion, a far cry from the WhatsApp deal with Facebook.

Photo credit: Jon Russell

Posted by Kokou Adzo

Kokou Adzo is a seasoned professional with a strong background in growth strategies and editorial responsibilities. Kokou has been instrumental in driving companies' expansion and fortifying their market presence. His academic credentials underscore his expertise; having studied Communication at the Università degli Studi di Siena (Italy), he later honed his skills in growth hacking at the Growth Tribe Academy (Amsterdam).

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