By atlas mídia
Elon Musk renamed Twitter to X this week, as part of his strategy to imitate China's all-encompassing app, WeChat.
Elon Musk has expressed his desire to expand the social media firm, which he acquired for $44 billion last year, into a significantly larger platform.
Elon Musk has praised WeChat, an "everything app" that integrates chat, dating, payments, and social media. He believes that achieving something similar with Twitter would be a significant accomplishment and a great success.
Elon Musk announced on X this week that they plan to add comprehensive communications and enable users to manage their entire financial world in the coming months.
Elon Musk aims to expand X to boost revenue, as the company has experienced a nearly 50% drop in advertising revenue since his acquisition, and it is currently burdened by substantial debt.
WeChat, launched by Tencent in 2011, is widely used by nearly all of China's 1.4 billion population. Described as a super-app, it offers an extensive range of services, such as messaging, voice and video calling, social media, food delivery, mobile payments, games, news, and dating.