Global IAP revenue of Tencent's WeChat 2019-2022
Tencent's social network platform WeChat is one of the winners during the pandemic, benefitted from the traffic boost due to the stay-at home orders. Along with a new live streaming feature, WeChat's global in-app purchase revenue surged to 62.8 million U.S. dollars in 2022. The Chinese equivalent of WhatsApp offers a wide range of functions outside of messaging, such as mobile payment and e-commerce.