WeChat accounts cross one billion mark

The one billion figure indicates the huge user base which Tencent has built up both inside and outside China for its all-in-one app. (AFP)
Updated 06 March 2018
0

WeChat accounts cross one billion mark

BEIJING: WeChat’s worldwide accounts have crossed the one billion mark, according to the chief executive of its parent company Tencent.
The all-in-one app is a daily necessity for most Chinese, bringing together messaging, social media, mobile payment, games, news and other services.
“WeChat’s worldwide monthly active users have surpassed the critical one billion mark,” CEO Pony Ma said Monday on the sidelines of China’s parliamentary session underway in Beijing.
“In the future we hope to use technological innovation to push forward the next developmental step of reform and opening,” Ma said.
He was referring to China’s economic liberalization policy that has fueled four decades of breakneck economic growth.
Although Ma said WeChat’s monthly active users had crossed the one billion threshold, a company spokesman said he was referring to its total number of accounts.
Still, the one billion figure indicates the huge user base which Tencent has built up both inside and outside China for its all-in-one app.
It compares with 2.1 billion monthly active users on Facebook and 1.5 billion on its messaging app WhatsApp.
The popularity of WeChat — and profits from its addictive mobile games — have pushed Tencent’s earnings and share price sharply upwards.
The company surpassed Facebook in market value last year and the 47-year-old Ma has rocketed to near the apex of China’s rich list.
He is the wealthiest delegate to the parliamentary session, according to Shanghai-based luxury magazine publisher Hurun Report, which estimated his fortune at $47 billion.


SpaceX to announce private moon flight passenger

Big Falcon Rocket will transport the person to the moon. (SpaceX/Reuters)
Updated 17 September 2018
0

SpaceX to announce private moon flight passenger

  • The person will fly to the moon aboard a new rocket called the BFR, which is still in development
  • SpaceX has said it will also reveal why the person is going

HAWTHORNE, California: SpaceX is on the verge of announcing the name of person who would be the first private passenger on a trip around the moon.
The identity of the traveler will be released at SpaceX headquarters in Hawthorne, California, during an event Monday evening.
Entrepreneur Elon Musk’s space launch company said last week that the person will fly to the moon aboard a new rocket called the BFR, which is still in development.
SpaceX has said it will also reveal why the person is going.
No guidance has been given on when the moon flight could happen.
The average distance from Earth to the moon is about 237,685 miles (382,500 kilometers).
No one has been there since an Apollo mission in 1972.