On
Alibaba’s Taobao shopping app, people can also buy groceries, buy
credits for online games, scan coupons and find deals at stores nearby.
Baidu’s mapping app lets users order an Uber, reserve a restaurant or
hotel, order in food, buy movie tickets and find just about any type of
store nearby.
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Between fees for its services and money it makes through online games,
WeChat manages to generate $7 in revenue per user each year, according
to Nomura. The app has roughly 700 million users, more than the total
number of smartphone users in China, in part because some users are
outside the country and in part because people have multiple accounts.
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