People also use WeChat Pay to transfer money and to buy personal finance products. To make Facebook a private messaging product, Mr. Zuckerberg may have a lot else to learn from Allen Zhang, the creator of WeChat. Mr. Zhang is famous for his perfectionist pursuit of a well-designed service. Mr. Zhang fought many internal battles when Tencent’s revenue department pushed to put more ads on WeChat. Mr. Zhang’s answer: Many Chinese spent a lot of time — about one third of their online time — on WeChat, he said.

Source: New York Times March 08, 2019 00:00 UTC