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Instead of focusing on building the largest social network in the world, We Chat has focused on building a — its goal is to address every aspect of its users’ lives, including non-social ones.The way it achieves this goal is through one of the most unsurfaced aspects of We Chat: the pioneering model of “apps within an app”.To put that in context: That’s only 150M MAUs fewer than Facebook Messenger, almost 3x the MAUs of Japan’s Line, and 10x the MAUs of Korea’s Kakao (which Tencent is also an investor in).[Tencent is also a strategic investor in a number of U. startups, including some of ours.] Downloading the app is free, and We Chat has only just begun to experiment with advertising revenue, so where then does its ARPU magic lie?It was launched just 4 years ago by Chinese investment holding company Tencent, one of the largest internet companies in the world.As of earlier this year, We Chat had 549 million monthly active users (MAUs) among over one billion registered users, almost all of them in Asia.So why should people outside of China even care about We Chat?The first and most obvious reason is that it points to where Facebook and other messaging apps could head.
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