It’s very rare for the WeChat team to announce how many messages are running through WeChat but a few hours ago they did just that with the release of an official new data set for the Chinese New Year 2018. (6 days in total). Check out the full release below. China Channel was honored to have been quoted again in the official press release. If you would like a PDF version of this report please send an email to: email@example.com
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From the accompanying press release:
With the roll-out of the promotions, WeChat Pay will help merchants across the world draw Chinese travelers into their shops and serve as a link to its 800 million users.
“WeChat Pay plans to constantly invest in its cross-border business, with the aim of duplicating the domestic WeChat lifestyle overseas,” said Grace Yin, WeChat Pay Director for Overseas Operation.
Through serving Chinese outbound tourists, WeChat Pay has established partnerships with an ever-growing number of overseas merchants with the ability to handle transactions in 13 different currencies in 25 countries and regions.
“When traveling abroad mainland Chinese are increasingly on the lookout for places that accept WeChat Pay. It’s a sign that Chinese are welcome and it’s a preferred payment option of ease for Chinese consumers,” said Matthew Brennan, tech analyst and founder of China Channel (ChCh).