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Read About Tencent's Latest Move At Battling Misinformation

Benzinga · 04/29/2022 15:13
  • Tencent Holding Ltd's (OTC: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 (NASDAQ: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.