Oddbean

Beijing asks Tencent to lower WeChat's mobile payment market share ========== China's regulators have asked Tencent Holdings to lower the mobile payment market share of its WeChat app, specifically targeting in-person payments made by scanning QR codes. The directive is not focused on online shopping. This move is part of the government's efforts to address tech 'monopolies'. #Tencent #Wechat #MobilePayment #MarketShare #Regulation #China https://asia.nikkei.com/Business/Technology/Beijing-asks-Tencent-to-lower-WeChat-s-mobile-payment-market-share