The internet giant with its collection of apps is dominating the Chinese market and gaining the revenue more than anyone.
However, the story is just opposite in the rest part of the world.
The graph shared by the Bloomsburg showing the leading tech giants with their apps in different countries.
Google and Facebook are top most firms that are topping the graph in most of the countries.
The honor of kings gaming app holds the top position in the China which is owned by the Tencent with We Chat and QQ apps holding the third and fifth place respectively.
Only Clash royal app of the Tencent able to reach the fourth position in Spain.
Apple is the most valuable company around the globe and ruling the tech world with its consistent tech breakthrough.
The company has consistently beaten the rivals including Google in terms of revenue.
But, the global winner struggles to make a substantial impact in the Chinese market.
The local tech giant in China, Tencent has a strong hold in the Chinese market that’s a big issue for the Apple.
The WeChat and QQ apps own the major contribution in giving the Apple a tough time in China.
The financial figures given by the Penguin Intelligence, which is a research firm of the Tencent shows that there were 898 million and 868 million Wechat and QQ users respectively in the last quarter of 2016.
The seven-year-old fintech that has grown into the biggest standalone digital bank of the world, Nu Pagamentos SA, has bought a software consulting firm of the U.S., Cognitect, which is the first acquisition by the fintech outside of Brazil.Fintech Nubank buys Software Firm Cognitect David Velez, the Chief Executive Officer stated that Nubank which is backed by Tencent Holdings Ltd., purchased Cognitect Inc., the software firm based out of Durham, North Carolina.
David did not disclose any details of the terms.
In an interview, he had mentioned Nubank already makes use of services offered by Cognitect.Edward Wible, the chief technology officer and co-founder of Nubank stated that there is so much at stake at the present scale of the company that the banking service provider realized the need for access to one of its most significant technology partners, at a different level.In a 2019 fundraising, Nubank was valued at $10.4 billion and has around 26 million clients which are roughly the same number of active customers that Banco Santander SA had in March in Brazil which since then has grown even during the crisis situation of the pandemic.
Nubank has managed to bring in as much in deposits as it had done in the last year, over the period of the last three months, claims Velez.
Among top contenders are Tinkoff Bank of Russia that has 10 million clients, and Revolut Ltd of the U.K. that has around 12 million clients, as per their websites.Follow fintecbuzz for more such fintech news and related information.
It either allows you to tag the person in the comments or send the link via Facebook messenger to the people you wish to share with.
However, these methods of sharing might not be preferred by the people since there is a lack of privacy and also you might not be able to share it with those whom you are not connected with on facebook.
METHOD 1: USING GOOGLE CHROME
This is one of the ways to download a Facebook video.
Here are the steps for the same:-
STEP 1 Open Facebook on your laptop or desktop browser.