Insight into using WeChat.Originally posted by LuckyCharm
Basically WeChat combines a partiularly popular social chat media platform with a consumer shopping payment section.
Very easy to use however you need a Chinese bank account.
Im astonished to see just how open China is the the rest of the world on a domestic consumer front.
I guess if Chinese consumers complained about a specific company and after govt inestigation,that foreign company could be terminated from using WeChat in seconds.
Maybe Wechat and Chinese govt would like an intermediary to stop ccounterfeit items,quality control and no drugs entering the country.Just random thoughts.
Seems funny China try to outlaw counterfeit and copycat items.Ten years can be a long time in evolution.
AU8 Price at posting:
27.0¢ Sentiment: Buy Disclosure: Held