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Tencent’s WeChat Messaging Service To Launch In India Via Ibibo

Competition is heating up in the instant messaging space, and this is the segment to keep an eye on over the next year: WeChat the popular messaging service from Chinese major TenCent is being launched in India, MediaNama had learned from reliable sources. Confirming the development, ibibo CEO Ashish Kashyap told MediaNama that the product is being launched as a part of their social portfolio, as a follow up to the iBrowser mobile browser, which ibibo launched a little over a year ago, which the company recently claimed crossed the 6 million downloads mark, with 50% active users. TenCent has a 20% stake in ibibo (MIH India), while Naspers has 80%. Keep in mind that Naspers also has stake in Nimbuzz, which recently shifted its headquarters to India. So why would Naspers have two products in the messaging space in…

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Written By

Founder @ MediaNama. TED Fellow. Asia21 Fellow @ Asia Society. Co-founder SaveTheInternet.in and Internet Freedom Foundation. Advisory board @ CyberBRICS

MediaNama’s mission is to help build a digital ecosystem which is open, fair, global and competitive.

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