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The Latest Breaking News from WeChat

After Alibaba, Tencent Could Attract Regulatory Penalty

The People’s Bank of China discovered Tencent Holdings Ltd (OTC:TCEHY) is guilty of violating some central bank regulations by its WeChat Pay mobile network, the Wall Street Journal reports. Regulators could subject Tencent to a penalty worth at least hundreds of millions of yuan. The central bank’s routine inspection of 2021 found WeChat…

Benzinga

China censors online Ukraine debate, bars calls for peace

China's censors, who quietly determine what can be discussed on the country's buzzing social media platforms, are silencing views of citizens protesting against Russia's invasion of Ukraine.

Reuters

Tencent Follows Alibaba; To Slash Transaction Fees For SMEs

Chinese social media firm Tencent Holdings Ltd (OTC:TCEHY) looks to reduce transaction fees for small and medium-sized merchants using its WeChat payments system by 10%, Reuters reports. The reductions will apply beginning September 1, 2021, and extend to September 30, 2024. The merchants need to meet China's classification standards for small and medium-sized…

Benzinga

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read the most diverse news in one place.

Josh Frydenberg ads appear on WeChat despite Liberal MPs calling for boycott

Ads attacking Anthony Albanese and celebrating Chinese New Year come weeks after Scott Morrison lost control of WeChat account

The Guardian - AU

Treasurer uses WeChat for campaign ads

Despite political interference concerns over the Chinese social media platform, Treasurer Josh Frydenberg has placed ads on WeChat.

AAP

US Adds Messaging Platforms Of Alibaba, Tencent To Its Counterfeit List

The U.S. added Alibaba Group Holding Ltd's (NYSE:BABA) AliExpress and Tencent Holdings Ltd's (OTC:TCEHY) WeChat messaging platforms to its list of notorious markets for counterfeiting and piracy Bloomberg reports. The messaging platforms were "two significant China-based online markets that reportedly facilitate substantial trademark counterfeiting," the Office of the U.S. Trade Representative said. WeChat and Weixin,…

Benzinga

Chinese medicine Lianhua Qingwen makes its way into community for COVID-19 treatment despite Australian ban

Demand for a traditional medicine used to treat COVID-19 symptoms is surging, with the illegal Lianhua Qingwen capsules making their way into Australia's Chinese community and onto supermarket shelves.

ABC News

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Tencent Says It Did Not Make New Investment In DiDi Since IPO

Tencent Holdings Ltd (OTC:TCEHY) revealed not making any new investment in DiDi Global Inc (NYSE:DIDI) since it went public, Bloomberg reports. However, Didi's SEC filings disclosed an increased stake by Tencent. Tencent's filings disclosed the addition of 1.8 million Didi shares to its last-known holdings. Related Content: Why DiDi Global Shares Are Rising The company clarified that Tencent subscribed…

Benzinga

As younger children become eligible for the vaccine, anti-vaxxers spread false information about deaths

As children aged between five and 11 became eligible for COVID-19 vaccination in Australia, a story emerged online claiming a seven-year-old had died from the vaccine. But the story was a fake.

ABC News

Scott Morrison WeChat: new owner amazed account entrusted to ‘single person’ in China

Fuzhou software development firm representative denies allegations of foreign interference

The Guardian - AU

WeChat hits back at interference claims

The owner of Chinese social media platform WeChat has hit back at Australian accusations of political interference regarding Scott Morrison's account.

AAP

Chinese businessman reveals why he bought Scott Morrison's WeChat account

The Chinese businessman who has taken over Scott Morrison's WeChat account insists the transaction had nothing to do with politics.

ABC News

Australia PM Morrison loses control of WeChat Chinese account as election looms

(Refiles to correct spelling of 'minister' in paragraph 1)

Reuters

China accused of foreign interference after Prime Minister Scott Morrison's WeChat account hijacked and renamed

Senior Coalition MPs accuse China's government of foreign interference after the Prime Minister's account on the ubiquitous Chinese language messaging app WeChat has its name changed.

ABC News

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The Independent UK

Australian leader's WeChat account taken over

A newspaper has reported Australian Prime Minister Scott Morrison’s account on Chinese-owned social media platform WeChat has been taken over and renamed

AAP

Security talks sought over WeChat hijack

Labor will seek a briefing from the federal government about potential national security implications following the takeover of the prime minister's WeChat.

The Guardian - AU

Australia records 58 Covid deaths; Hunt says ‘hoarding’ affecting rapid test shortage – as it happened

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