- Tencent Holding Ltd's TCEHY popular messaging service WeChat will begin revealing users' locations when they post on the platform, Reuters reports.
- Recently, a popular social media platform, Weibo Corporation WB, introduced the same settings permanently after more than a month of testing.
- The new setting aimed to combat misinformation related to recent "domestic and overseas hot-topic issues."
- Also Read: Here's Why Alibaba, JD Led Broad Rally In Chinese Tech Equities
- WeChat looked to soon begin testing the new setting.
- WeChat would display the province or municipality of users posting in China.
- The posts from overseas users would display the country denoted by their IP address.
- WeChat has over 1.2 billion monthly users.
- Price Action: TCEHY shares traded higher by 8.69% at $47.02 on the last check Friday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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