I don't doubt that there must have been quite a bit of competition before WeChat came into dominance, but is that still true today?
If WeChat is indeed so overwhelmingly dominant in people's lives in China, what strategies do the startups there use to compete with WeChat's core offerings like chat, social networking, payments, and to what degrees of success? Or do startups their just accept WeChat as a piece of infrastructure and try to innovate by building things on top of their platform instead of competing against them directly?
If WeChat is indeed so overwhelmingly dominant in people's lives in China, what strategies do the startups there use to compete with WeChat's core offerings like chat, social networking, payments, and to what degrees of success? Or do startups their just accept WeChat as a piece of infrastructure and try to innovate by building things on top of their platform instead of competing against them directly?