Yeah, I totally, agree, Susan. It's genius. Anyone who wants to receive money will sign up for it; and the fact that the amount of money you receive is "random" adds some game quality to the whole thing...and of course, you need to act fast if you want get any money!
Any social media is not for the faint hearted -- whether in the United States or in China -- when you are worried about privacy. I am not saying that the invasion of our privacy is good; but it seems to me that cats are out of the bag.
WeChat has done a better integration job than Whatsapp, offering more services than simply just messaging. There has been more subscribers from China than from anywhere else. Yet, i believe WeChat has reached a tipping point that there will be more subscribers in the coming years. In addition, they have done a good job of staying neutral from government and investors.
Another popular messaging app is called LINE. I'm impressed in their additional services and the money making stickers.
Secondly, the Chinese government considers anything media-related (including magazines, movies, TV, and internet) as critical, and thus prohibits direct foreign involvement (any foreign involvement has to be through joint ventures, co-production, or such). If you want the gory details, search through the China Law Blog's archives.
I'm always surprised at how much of a seperate market China is, when we're talking about things that have no geographical connection. I recall seeing video sites that were popular in china, and we've seen the chat systems. you would think that if they got huge there, they'd be huge here as well.
I guess I understand HOW it happens, I'm just usually surprised that we dont' share things more.
Disagree. At least the last time I tried it a few months ago the registration insisted on entering the phone's mobile number, where a confirmation SMS was sent to. Even if this process has changed, there is still a link between the user, their position, and their activity.