this post was submitted on 20 Dec 2023
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It seems that Meta is low-key following the "everything app" goal that Elon Musk wanted for Twitter/X, tying products like WhatsApp, Instagram, Threads while at the same time distancing themselves from the Facebook brand.
For example, WhatsApp is a chat app that has been enhanced to have Business Accounts, which allows for Bots, Stores and Payments. Further integration with Instagram could potentially use these features to tie together content+business. Threads is an enhancement over Instagram to add textual content.
They really want to be WeChat
It'll never catch on in the US, though. We don't need the functionality that an "everything app" like WeChat would provide. WeChat took off because it filled in a big gap for its users. The US already has a robust and diversified financial market and payments infrastructure that Zuck won't have any chance of breaking into.
Still, becoming the US "WeChat" is a very wet dream for any corporation. Of course they will try.
I heard that you folks up north still send written cheques via mail and sign little papers when use a credit card, doesn't sound very robust or diversified to me
Valid, but our credit card and mobile payment penetration is way higher than China's was at the time WeChat launched, and bank relationships are notoriously sticky.
I was already unhappy when businesses started offering WhatsApp as a contact option.... It's only getting worse
Don’t fucking credit phony stark when talking about his everything app that doesn’t exist. Meanwhile China actually has such things, such as WeChat
Elon was simply trying to copy that model