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Kik will get $50 million from Tencent becoming the WeChat associated with the West

Kik will get $50 million from Tencent becoming the WeChat associated with the West

The opportunities permits Kik to tap into Tencent’s vast knowledge into the messaging area

Ted Livingston clarifies the reason why the Waterloo-based cam solution is partnering because of the Chinese Web icon

Within the battle become the principal cam software in America, Kik fun only gained a strong ally: Chinese websites monster Tencent, business father or mother of WeChat messaging software. Waterloo-based Kik these days revealed it had sealed a US$50-million strategic financial from the Chinese behemoth.

The deal appreciates Kik at $1 billion. Kik possess above 240 million registered users, with a substantial top dating alleen waarderingscijfers base among U.S.