logo
logo
AI Products 
Leaderboard Community🔥 Earn points

Apple's Exclusive Service is The Reason For its Downfall in China

avatar
Ariana Johnson
collect
0
collect
0
collect
1
Apple's Exclusive Service is The Reason For its Downfall in China

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.

collect
0
collect
0
collect
1
avatar
Ariana Johnson