Facebook Messenger May Follow Chinese Mobile Apps

By | June 3, 2015

Scalper1 News

Facebook (FB) can turn WhatsApp and its mobile messenger service into bigger moneymakers by borrowing strategies from Chinese Internet companies, especially Tencent Holdings (TCEHY), says a Morgan Stanley research report. Tencent, a rival of Alibaba Group (BABA), has generated new revenue sources from WeChat, a mobile messaging app known as Weixin in China. Tencent has grown gaming revenue and has partnered with e-commerce companies by leveraging Scalper1 News

Scalper1 News