396 Million Users
As of July 2014, WeChat monthly active users reached 396 million in more than 200 countries and regions.
$64 Billion Valuation
Tencent’s WeChat is the top messaging app in China, with an eye-popping potential market value of $64 billion. The app, called Weixin in China, already monetizes in several ways including advertising, selling additional services, and acting as a sort of mobile wallet for booking a cab or ordering products.
5.8 Million Public Accounts
Since the public account system was launched in August, public accounts, service accounts and subscription accounts, have reached 5.8 million, with 15,000 added daily. Sogou, the search service developer Tencent has a stake in, had indexed more than 4 million public accounts and their contents as of June 2014 since WeChat allowed it to, according to its latest earnings report released earlier this week.
Since the first API was released in May 2012, 67,000 applications, including those for mobile payments, have been developed on top of WeChat public accounts.
The self-service advertising system launched earlier has had 10,000 advertisers and 1,000 content publishers.
90% Mobile Store System
90% of the qualified accounts run by businesses have introduced the mobile store system. It’s been only two months since it was launched. More APIs for speech recognition, image recognition, location positioning, will be available for businesses to develop related features for their accounts.