It is the most popular instant messaging apps in China.there many diversified services are provided by wechats, that why its business model is Multisided . Which provide /serve both individual user as well as service providers.
Individuals user odel of Freemium :this model is good to increase customer base as well as revenue collection .wechats provide many service free of cost like free for download , messaging, games etc. But it collected revenue through added service like virtual sticker(disney ,cartoon etc) quality games etc.
Business model to business partner:wechats also provide facility of wechats payment and thus collected revenue from its fee or charges and it also connected with e-commerce services payments tool.
Get Answers For Free
Most questions answered within 1 hours.