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May 27, 2020

WeChat Invests $70 Billion in Fintech, Including Blockchain and AI

WeChat Invests $70 Billion in Fintech, Including Blockchain and AI

[ad_1] Chinese tech giant Tencent Holdings will allocate nearly $70 billion (500B yuan) over the next five years in fintech development, including blockchain, cloud computing, and artificial intelligence (AI). Reuters reported on May 26 that the company, which is behind the WeChat messaging app, hopes to strengthen the development of fintech across the country, following […]