BR100 Increased By (2.8%)
BR30 Increased By (3.57%)
KSE100 Increased By (2.38%)
KSE30 Increased By (2.44%)
AGHA 6.12 Increased By ▲ 0.09 (1.49%)
BECO 4.16 Increased By ▲ 0.30 (7.77%)
BML 62.73 Increased By ▲ 1.73 (2.84%)
BOP 30.90 Increased By ▲ 2.81 (10%)
CNERGY 11.97 Increased By ▲ 0.23 (1.96%)
CSIL 5.42 Increased By ▲ 0.12 (2.26%)
FCCL 56.78 Increased By ▲ 2.32 (4.26%)
FFL 13.34 Increased By ▲ 0.27 (2.07%)
FNEL 1.15 Increased By ▲ 0.04 (3.6%)
KEL 6.00 Increased By ▲ 0.37 (6.57%)
KOSM 5.48 Increased By ▲ 0.14 (2.62%)
LOTCHEM 24.37 Increased By ▲ 0.54 (2.27%)
MLCF 97.49 Increased By ▲ 4.51 (4.85%)
NBP 174.50 Increased By ▲ 11.30 (6.92%)
NCPL 48.47 Increased By ▲ 0.20 (0.41%)
NPL 50.23 Increased By ▲ 0.52 (1.05%)
OGDC 310.47 Increased By ▲ 6.84 (2.25%)
PACE 9.05 Increased By ▲ 0.08 (0.89%)
PAEL 33.07 Increased By ▲ 1.16 (3.64%)
PIBTL 13.15 Increased By ▲ 0.41 (3.22%)
PPL 217.17 Increased By ▲ 4.26 (2%)
PRL 85.66 Increased By ▲ 1.32 (1.57%)
PTC 46.19 Increased By ▲ 1.20 (2.67%)
SSGC 23.32 Increased By ▲ 0.49 (2.15%)
TBL 9.02 Increased By ▲ 0.14 (1.58%)
TELE 6.73 Increased By ▲ 0.23 (3.54%)
TPL 26.10 Increased By ▲ 1.84 (7.58%)
TPLP 12.67 Increased By ▲ 0.68 (5.67%)
TREET 23.80 Increased By ▲ 0.66 (2.85%)
TRG 53.17 Increased By ▲ 1.70 (3.3%)
By

GUANGZHOU: Tencent Holdings' Weixin, China's dominant messaging app which is known as WeChat outside the country, said on Thursday that average daily active users for its mini programs hit 450 million in 2021.

That represents a 13% increase from a year earlier - much slower than the 33% growth in 2020, according to previous figures released by Tencent.

The mini programs, which look and operate much like apps on Apple Inc's iOS and Google's Android operating systems but are less data intensive, are key to Tencent's efforts to build its e-commerce operations.

Weixin added that the number of active mini programs operated by overseas merchants increased 268% over the past two years, with total transaction volumes via those programs growing 897% over the same period of time.

Tencent raises $3bn by trimming stake in Singapore's Sea

More than 700 million users have used Weixin mini programs tailored to combat the pandemic such as ones used to book COVID-19 tests used by authorities, it also said at its annual developers conference in Guangzhou.

Tencent saw revenue climb 13% in the third-quarter, the slowest growth since it went public in 2004, hurt by a regulatory crackdown that has impacted its games pipeline as well as its app updates.

Comments

Comments are closed for this article.