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When Tencent invested, it had 300m users including 40% of teenagers in the US, and were growing fast. For Tencent (which makes WeChat), it's worth it to spend
by thesausageking 7y ago
When Tencent invested, it had 300m users including 40% of teenagers in the US, and were growing fast.
For Tencent (which makes WeChat), it's worth it to spend 0.03% of their market cap to partner with a fast growing app in the US market.