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WeChat Statistics & Net Worth: Everything Explained

Sep 28, 2022  |  Ashar Ali

Want to find out  WeChat Statistics & Net Worth? Well, this blog gives you both. Also, we've explained wechat as a whole along with how you can sign up. 

Weixin, which means micro-message' in Mandarin, was the name given to WeChat when it first debuted in 2011. It began as a simple communication program, essentially a Chinese analogue to WhatsApp, as its name suggests.

Tencent, a Chinese internet behemoth and one of the world's most valuable firms, developed and owns WeChat. QQ Messenger and Tencent Music are two of Tencent's other brands.

WeChat began as a simple messaging network, but it has evolved into much more. WeChat has basically become the home screen for many Chinese smartphone users thanks to its mini programs platform, which allows almost any operation to be accomplished from within the app.

Pinduoduo, JD.com, DiDi, and Meituan, among China's most popular applications, all feature WeChat mini-programs. Tencent takes a small cut of each of these mini programs' revenue and also serves as the payment mechanism.

Tencent can see which programs are the most popular because it runs the platform. It has grown to become one of China's largest investors, second only to Sequoia China, and it now owns shares in Snapchat, Fortnite, and Tesla Motors, in addition to hundreds of Chinese firms.

What is WeChat? All About Chinese Chatting App

WeChat is the only Chinese app with over one billion active users, and one of just five apps in the world to achieve this feat. WeChat Pay, which was created on Tenpay's platform, now has over 900 million users and has surpassed AliPay as the country's most popular payment service.

Tencent's WeChat is a social media software that was introduced in 2011. It began in the same way as WhatsApp and Facebook did, with messaging and social networking features.

The platform, on the other hand, has evolved from strength to strength since 2011, adding new features that have made it vital!

To assist you comprehend this behavior, we've compiled some WeChat statistics & net worth!

On WeChat, we gathered some key wechat statistics. Continue reading to learn more about them and wechat net worth.

WeChat has been attempted to be launched outside of China by Tencent, but most of these initiatives have failed. It is well-liked in Hong Kong and certain Southeast Asian countries, but it has failed to pique the curiosity of Western audiences.

  • Tencent's social network revenue in 2020 was 108.2 billion RMB, accounting for 22% of the company's overall income.
  • WeChat had 1.24 billion active users in the first quarter of 2021.
  • On its platform, WeChat has 3.2 million small program that transacted 1.6 trillion RMB in 2020.
  • In January 2019, WeChat users sent 45 billion messages every day.

WeChat Statistics & Net Worth That Will Surprise You

Let's have a look at how big WeChat is.

  • WeChat users send 45 billion messages per day.
  • On WeChat, the average user spends 66 minutes every day.
  • Every day, 6.1 billion voice messages are sent.
  • Every day, 205 million video messages are transmitted
  • The WeChat Pay side of the app is linked to over 200 million bank cards in China.
  • People follow WeChat accounts to stay up to date on the latest news and promotions.

Usage Statistics for WeChat

We'll start with some user statistics before moving on to WeChat statistics.

We'll go over some WeChat usage statistics per country in this article. Finally, we'll take a look at WeChat's active user base.

The monthly active user base of WeChat is 1.24 billion individuals

This number has more than doubled since 2015.

The app is expected to have 1.2 billion monthly users by 2020. According to WeChat figures, in 2021, that number will have increased by roughly 400,000.

Throughout the years, the platform has seen constant development. According to the current trend, it does not appear to be slowing down anytime soon.

WeChat has grown so much since 2015 that users now have over 1000% more contacts

WeChat user patterns have evolved so much over the years that users can now swiftly establish a large contact list. WeChat continues to improve the quality of service it provides, allowing users to be more connected than ever before.

Other sites have stayed steady, therefore this is fantastic news for WeChat users (and WeChat as a company)

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WeChat users send almost 3.45 billion messages per day

For a few years, WeChat usage has been increasing at a rate of 25% each year.

It's certainly past time for individuals to stop using messaging apps and start interacting in person. However, this is great news for Tencent, which owns WeChat.

The more messages sent, the more money and attention they get. It will just get bigger!

In a video-centric environment, WeChat users send 205 million videos per day

WeChat video usage statistics, on the other hand, demonstrate how much users like sending video messages.

WeChat is renowned for making greater use of increased bandwidth, allowing users to communicate more easily.

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Every day, people spend 66 minutes using WeChat

WeChat users spend more time on the app than Facebook users (41 minutes).  It just goes to prove that WeChat's popularity is skyrocketing!

WeChat is used 10 times every day by users, with 60% of them confirming their identity

When it comes to engagement, WeChat is at the top of the list. Over 60% of users use the app at least ten times every day. Another 21% use the app more than 50 times every day.

It wasn't an awful engagement.

Statistics About the WeChat Audience

So now we know what WeChat users enjoy doing. Let's keep going by looking at the people that use WeChat on a daily basis.

They come in a wide range of ages and backgrounds, so seek for the WeChat statistics and net worth for 2021 that are most relevant to you!

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According to WeChat user statistics, China accounts for 98.5 percent of users aged 50 to 80

The software is popular among senior users in China, unlike other social networking apps. WeChat's usage patterns suggest that it's become ingrained in China's culture.

Women account for 67 percent of the viewership on WeChat's ecommerce mini-program

Women are the primary audience on WeChat, which includes various mini-programs.

Not only that, but the mini-programs have aided industry heavyweights like Gucci and Michael Kors – there's a name drop for the audience!

In terms of active users, WeChat is the world's sixth most popular social media network

There are 4.20 billion social media users worldwide.

WeChat's user statistics reveal that it has a substantial share of the market, with around 1.2 billion users.

It exceeds well-known apps like Telegram, TikTok, and Snapchat. Facebook (2.7 billion), YouTube (2.3 billion), and WhatsApp are the top three websites in this category (2.00 billion).

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Statistics on WeChat Downloads

Year after year, the popularity of WeChat grows, as seen by the following trends!

WeChat is responsible for 34% of China's internet traffic.

WeChat allows you to do a lot of things.

WeChat, on the other hand, controls a substantial portion of data flow for both work and play.

It utilizes more data in North America than Facebook, which is a significant difference!

WeChat has 19 million users in the United States.

Do you recall previous President Trump adopting executive orders in 2020 to prohibit the use of TikTok and WeChat in the United States?

That didn't work out so well.

The app is now performing better than it has ever been. According to WeChat statistics, it has 19 million users in the United States. The majority of users are Chinese diaspora who use the app to communicate with family and friends back home.

How to Sign Up on WeChat?

WeChat registration isn't as simple as creating a username and password, despite its popularity.

When you try to sign up, you'll be asked to scan a QR code by someone who already has an account. You won't be able to open an account until you have someone to scan the code for you. Here's a more detailed walkthrough.

First it’s good to note that WeChat, unlike other applications, does not allow you to sign up for free. You'll have to rely on someone who already has access to the account to let you in.

WeChat is available for download via the Apple App Store and the Google Play Store.

  1. Tap "Sign up" on the app. To begin creating your account, click "Sign Up."
  2. Sign up with your Apple ID (if you have one), Google account (if you have one), Facebook account, or phone number (if you have one).
  3. After that, agree to the Terms of Service and create an avatar, username, and password.
  4. By ticking a box near the bottom of the screen, you will agree to WeChat's privacy conditions. This document explains how they collect information and how it will be shared.
  5. You'll be asked to do a short task, which will most likely include sliding a puzzle piece.
  6. You'll be given the QR code as well as information on how to get validated once you've completed the challenge. The person who confirms you must be in good standing and cannot have recently verified another user.
  7. WeChat will issue you a verification code after they scan your code and enter your phone number. Your account will be activated once you enter that code into the app.

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Final Thoughts

As is the natural way of things, many social networking services experience a slowdown at some point.

The app's popularity is expanding daily, as seen by these WeChat statistics & net worth. Sure, it's presently only available to Chinese users, but that's only for the time being!

WeChat is continually evolving to provide new methods for users to interact, and the service is expanding into new markets. It's becoming a danger (in a good way) to other social media networking companies. WeChat statistics & net worth will rise over time.

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