![]() He is the wealthiest delegate to the parliamentary session, according to Shanghai-based luxury magazine publisher Hurun Report, which estimated his fortune at $47 billion (roughly Rs. In 2021, with 1.9 billion monthly active users in 150 countries, and an employee base of over 110,000, the company recorded an astonishing 58 billion in revenues. The company surpassed Facebook in market value last year and the 47-year-old Ma has rocketed to near the apex of China's rich list. The popularity of WeChat - and profits from its addictive mobile games - have pushed Tencent's earnings and share price sharply upwards. It compares with 2.1 billion monthly active users on Facebook and 1.5 billion on its messaging app WhatsApp. Still, the one billion figure indicates the huge user base which Tencent has built up both inside and outside China for its all-in-one app. ![]() He was referring to China's economic liberalisation policy that has fuelled four decades of breakneck economic growth.Īlthough Ma said WeChat's monthly active users had crossed the one billion thresholds, a company spokesman told AFP he was referring to its total number of accounts. "In the future we hope to use technological innovation to push forward the next developmental step of reform and opening," Ma said. "WeChat's worldwide monthly active users have surpassed the critical one billion mark," CEO Pony Ma said Monday on the sidelines of China's parliamentary session underway in Beijing. The all-in-one app is a daily necessity for most Chinese, bringing together messaging, social media, mobile payment, games, news and other services. A global sensation 2020 has definitely been the short-form video social network TikTok, with Norway having the largest user growth of 249 percent in 2020.WeChat's worldwide accounts have crossed the one billion mark, according to the chief executive of its parent company Tencent. Other popular social networks are Instagram, Snapchat, Pinterest, Tumblr, Vine and Twitter, while popular mobile chat apps include Whatsapp, WeChat, and Facebook Messenger. On a worldwide scale, Facebook is the undeniable leader of social networks, with approximately 2.74 billion active users around the world. As of January 2019, some 61 percent of users in North America accessed social media via mobile while the global mobile social penetration rate was 42 percent. There are however stark regional differences in use of mobile social networks. An increasing number of social networks are therefore accessible through multiple platforms in order to offer users access to different features according to their needs, time and preferred device. Apple revenue grows by 21 YoY, crosses 1 billion active iPhone users Apple had its best quarter yet in India, having shipped 1.5 million iPhones in the country for the quarter ended. ![]() Some networks, such as Facebook, started out as web-based and then extended towards access through mobile browsers and smartphone apps, while other networks, such as Instagram, were initially mobile-only and later transitioned into cross-platform availability as well. Second-ranked Facebook Messenger was estimated to have 1.3 billion monthly active users the year before.Īs mobile devices offer flexibility in terms of on-the-go service access, it is hardly surprising that online usage is shifting towards mobile. One of the most popular mobile messaging apps worldwide is WhatsApp, which as of January 2021 was accessed by two billion users on a monthly basis. ![]() Social messaging apps have proven themselves as a more advanced alternative to operator-based text messaging via SMS. This increased usage of social networks is due to the popularization of mobile technologies in the past decade and the increasing availability and affordability of mobile internet.
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