
WeChat climbs to 438 million monthly active users, closing in on WhatsApp’s 500 million
Tencent published its earnings today for the second quarter of 2014, revealing a new milestone for its WeChat messaging app: it has risen to 438 million monthly active users, up from 396 million the previous quarter. The new figure, which covers both WeChat and Weixin – the version Tencent offers in China — means that it is closing in on rival WhatsApp’s 500 million active users. However, it can also be seen that WeChat’s growth is flattening quarter-on-quarter, which means it may struggle to catch up to its Facebook-owned competitor. WeChat is also facing difficulties in China, where its largest userbase is. Recently, the Chinese government…
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