Thomson ReutersMay 15, 2013 20:30
(Reuters) - Tencent Holdings more than tripled the number of active users for its mobile chat application in the first quarter, a boon to China's largest online gaming and social networking firm as it tries to diversify its revenue stream.
Tencent, which is hoping to monetize its Weixin, or WeChat, app, said on Wednesday active user numbers soared 228 percent to 194 million in the quarter that ended March 31. Weixin is similar to WhatsApp, Line or KakaoTalk, apps that allow users to swap messages, stickers, voice messages over a data connection.
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