China’s Internet Giant Tencent Files Lawsuit Against Messaging App WeChat’s Copycat InChat

Chinese internet giant Tencent Holdings Limited has filed a lawsuit against the copycat of its messaging app WeChat for "unfair competition dispute", demanding RMB10 million (US$1.43 million) in compensation. Tencent, which derives two-thirds of its revenue from online gaming and social media, believes that a blockchain-encrypted Chinese messaging app called inChat is "completely identical" to […]

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