Out of 300 Million Total, Tencent’s WeChat Has 40 Million Overseas Users

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Yesterday at Boao Forum For Asia 2013, Tencent’s President Martin Lau revealed on stage that WeChat has over 40 million overseas users. That’s out of a total user-base ofjust over 300 million.

Echoing the thoughts of Tencent founder and CEO’s Pony Ma thoughts, Lau believes that mobile internet growth has given a chance for Chinese and Asian technology companies to put themselves onto the global stage. That also includes WeChat competitors, such as NHN Japan’sLine and Korean-made KakaoTalk which has 120 millionand over 70 million worldwide users, respectively. Lau also claims that WeChat has topped the app store in Malaysia, the Philippines, and Indonesia. For Malaysia and Indonesia, Lau said that WeChat has become the favorite smartphone application in the country.

Including China, WeChat has over 300 million users in total and has dedicated offices across the world, including Indonesia (a joint venture with MNC), the US and Thailand (via Sanook) to grow its user-base. Last year, Tencent generated $7 billion in revenue with an operating profit of $2.46 billion.

source : http://www.techinasia.com/

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