Comparable Mobile App this size sell around 2.6x annual profit (1.6 to 3.3x, 72 comps).
- Developer
- Tencent Technology (Shenzhen) Company Limited
- Genre
- Social Networking
- Ratings
- 79,973
- Price
- Free
- Version
- 8.0.74
Off-market target. Not listed for sale, so there are no public financials. The play is to approach the owner directly.
About
WeChat is more than a messaging and social media app – it is a lifestyle for one billion users across the world. Chat and make calls with friends, read news and use local services in Official Accounts and Mini Programs, play games with friends, enjoy mobile payment features with Weixin Pay, and much more. Why do one billion people use WeChat? • MORE WAYS TO CHAT: Message friends using text, photo, voice, video, location sharing, and more. Create group chats with up to 500 members. • VOICE & VIDEO CALLS: High-quality voice and video calls to anywhere in the world. Make group video calls with up to 15 people. • REAL-TIME LOCATION: Not good at explaining directions? Share your real-time location with the tap of a button. • MOMENTS: Never forget your favorite moments. Post photos, videos, and more to share with friends on your personal Moments stream. • STICKER GALLERY: Browse thousands of fun, animated stickers to help express yourself in chats, including stickers with your favorite cartoon and movie characters. • CUSTOM STICKERS: Make chatting more unique with custom stickers and selfie stickers. • OFFICIAL ACCOUNTS: Tons of accounts to follow with original content and news for your reading pleasure. • MINI PROGRAMS: Countless third-party services all within the WeChat app that don't require additional installation, saving you precious phone storage and time. • TOP STORIES: See the latest articles your friends are reading and discover all kinds of interesting content. • GAMES
Traffic, trend, size, and valuation figures here are estimates, not verified by the seller. Always do your own diligence before reaching out or making an offer.