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This brings to mind the US auto industry where GM and Ford kept thinking that building cars their way would win and then lost to cars from Japan that were more
by thewileyone 6y ago
This brings to mind the US auto industry where GM and Ford kept thinking that building cars their way would win and then lost to cars from Japan that were more attuned to customer needs.
If WeChat is taken off Samsung and Apple phones, it would drive more purchasers to replacing their existing with Huawei, Xiaomi, Oppo, etc phones because digital payment is a way of life in China now. Overseas business users may buy 2nd phones to be able to access the China partners and markets.
BTW, Tencent is not going to cripple WeChat to not do transactions. They make too much money from it and can afford to ignore this autocratic request.