Experts analyze that due to the serious dependence on WeChat, it may be accidentally lying on the US administrative order in the United States.
According to Reuters, Li Chengdong, a scientific and technological analyst in Beijing, believes that if the ban covers WeChat American companies that do business, this move will cause more damage to American companies such as Wal -Mart and Starbucks than Tencent.
U.S. President Trump announced on Thursday that after 45 days, any individual or business in the U.S. Jurisdiction and the parent company of Tiktok and the parent company of Tiktok and WeChat parent company Tencent Holdings have any business exchanges.Trump claims that these applications constitute a major threat.
It is unclear to how much the administrative order will affect WeChat business within 45 days, and it is not clear whether Tencent's large investment in the United States and other parts of the world will be implicated.
WeChat is a mobile application similar to serving a collection book, WhatsAapp, Instagram, and Venmo.This application in China is almost a necessity for daily life, and it is reported to have more than 1 billion users.
Both American brands, from Nike, KFC, Starbucks to Amazon, all use WeChat small program software to promote transactions and attract Chinese consumers.Users of applets do not need to download these retail applications separately because they can access these applications stored in WeChat cloud.
Li Chengdong said: Tencent's income from these applets provided by Wal -Mart and Starbucks is insignificant compared to Tencent's domestic video game revenue.But this ban will cause greater harm to Wal -Mart and Starbucks because they rely on Tencent to obtain passenger flow.
In the United States, Wal -Mart's scanning is provided by its own application, but in China, this retail giant embeds the service into WeChat.
Wal -Mart introduced last year that the transactions completed through the service accounted for more than 30%of China's total transaction volume.Through this service, customers can scan the barcode on the product with a smartphone, and they can automatically pay through the mobile phone without having to grow up in front of the cashier.
Wal -Mart and Tencent are in -depth alliances, so that in 2018, it abandoned Alipay in Alibaba in all stores in western China.
Although it is unclear whether American companies will be affected and how much they will be affected, Wang Xinrui, a senior partner of Beijing Security Law Firm, believes that American companies who do business on WeChat may be able to avoid the impact of the ban.WeChat -related entities are registered outside the United States.
If the ban is only aimed at WeChat business in the United States, the impact on Tencent and dependence on the application will be limited, because in the United States, WeChat's personal use in non -Chinese people is not large.
Citi Analysts wrote in a report on Friday: Although we cannot judge the future development of this issue, we believe that the current administrative order seems to be only targeted at WeChat.limited.
