The comparison extends into politics and geography too: We Chat, like all social media in China, is heavily monitored by the government; Whats App, whose Ukrainian co-founder seems to have an anti-totalitarian bent, doesn’t even collect user information beyond a phone number.
The application was launched by Tencent in January 2014 and has subsequently gained popularity, with Tencent reporting 2.3 billion transactions on 1 January 2016 alone.The application offers users the ability to provision money in the form of virtual 'credits' to other users of the application.Its China-based competitor We Chat, owned by internet giant Tencent, strives to be everything at once: a platform for chatting, shopping, gaming, and even banking.Users can send a Lunar New Year’s “red envelope” of digital cash, buy a soda from a vending machine, book a doctor appointment or hail a taxi.The 'grouped' red envelope can then be posted to a group chat and the application randomly assigns the amount in each envelope to each recipient.
In 2014, We Chat partnered with the Spring Festival Gala and introduced the We Chat red envelope shake.
During the gala, users were invited to shake their smartphones for a chance to win red envelopes.
A total of 1.2 billion red envelopes, worth over half a billion RMB ( million USD), were sent out during the promotion.
The world’s most popular messaging apps are mirror images of each other.
Whats App, purchased by Facebook on Wednesday for billion, prides itself on doing one thing well—offering a messaging service free of ads, games, and gimmicks.
The obvious first step is to make sure you have the latest version of We Chat downloaded onto your device.