Season 3, Episode 10: Tencent
Acquired
00:00
The Evolution of Wee Chat Payment Platforms
Ten cent thought about doing this transaction platform on cuc before they had done wee chat. But people started using cucu pay as a a replacement for the r m b, and the chinese government freaked out. So it's interesting that when when te was finally right for we chat pay, en i'm sure they worked it out with the government where, um, it wouldn't get shut down like the previous time. The thing that boot strapped their a we chat payment platform was that street fenders began accepting your sort of winnings from lucky money as a way to pay for stuff in the real world.
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