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[-] magic_lobster_party@kbin.social 25 points 9 months ago

They really want to be WeChat

[-] TurboDiesel@lemmy.world 16 points 9 months ago* (last edited 9 months ago)

It'll never catch on in the US, though. We don't need the functionality that an "everything app" like WeChat would provide. WeChat took off because it filled in a big gap for its users. The US already has a robust and diversified financial market and payments infrastructure that Zuck won't have any chance of breaking into.

[-] Plopp@lemmy.world 8 points 9 months ago

Still, becoming the US "WeChat" is a very wet dream for any corporation. Of course they will try.

[-] demonsword@lemmy.world 4 points 9 months ago

The US already has a robust and diversified financial market and payments infrastructure

I heard that you folks up north still send written cheques via mail and sign little papers when use a credit card, doesn't sound very robust or diversified to me

[-] TurboDiesel@lemmy.world 1 points 9 months ago

Valid, but our credit card and mobile payment penetration is way higher than China's was at the time WeChat launched, and bank relationships are notoriously sticky.

[-] helenslunch@feddit.nl 1 points 9 months ago

WeChat took off because it filled in a big gap for its users.

No it took off because the CCP banned everything else

this post was submitted on 20 Dec 2023
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