****EVENT DRIVEN TRADERS' BOARD****

[m0n]

$CRKT WeChat is now being heralded as one of China’s biggest internet properties, estimates saying that it has over 800 million users, many of whom look at the app 10 times a day or more.

The WeChat app is everything Facebook hopes to someday be, offering an incredible array of features that go way beyond just messaging. Its an app that allows a person to do things like shopping, banking, ride hailing, bill paying, file sharing, conferencing, and much more. Tencent is the parent company to WeChat and it is now the highest valued tech company in China, beating out the better known (in the West anyway) Alibaba.

WeChat app 90% of China

http://m.scmp.com/tech/apps-gaming/article/2090472/wechat-top-workplace-communications-app-90-cent-chinese

Tencent owns WeChat but if you look at the $$$ in WeChat, it's freakin YuuGE!! CRKT wants to develop shopping and gaming platforms for WeChat. I hope CRKT dips.

https://techcrunch.com/2017/03/22/tencent-2016-revenue/