"I honestly don't see any innovation here, the tech is dirt simple." Well, the point is not inventing something. The point is "selling" it. WeChat might not ha

"I honestly don't see any innovation here, the tech is dirt simple." Well, the point is not inventing something. The point is "selling" it. WeChat might not have invented cell phone payments, but they made it ubiquitous in China. Counterexample: EBay. What a shitty company. They always had stuff with great potential. Paypal, Skype. But they never made anything more out of it. (Skype was even a good starting point to build a social network). Skype runs on the phone, combine Skype and Paypal on the phone to make easy and quick payments. Not it is too late. As far as I know eBay has sold Skype to MS and Paypal has been span off.