Apple Reaches Deal to Take Billions of Dollars in China's WeChat
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8 Articles
Apple Reaches Deal to Take Billions of Dollars in China's WeChat
Apple has reached a new agreement with Tencent that will allow the company to process payments and collect a 15% commission on purchases made inside WeChat mini games and mini apps on the iPhone, establishing a major new revenue stream in China after over a year of negotiations, according to Bloomberg.
Apple secures 15% cut from Tencent’s WeChat mini app revenue
Tencent has struck a deal with Apple under which Apple will process all payments for WeChat mini games and mini apps, taking a 15% commission on every purchase. Pei Li for Bloomberg News: Resolving the issue, under negotiation between the two tech titans for over a year, opens a new revenue stream for Apple and takes pressure off Tencent. Apple had demanded Tencent close loopholes that app creators employed to funnel users to external payment…
Apple secures 15% share of WeChat mini apps revenue in new Tencent deal
Apple and Tencent Holdings have reportedly reached a new agreement that allows the Cupertino-headquartered tech titan to take a 15% share of spending made through WeChat’s mini apps and mini games. This deal, finalized after more than a year of talks, means Apple will now collect a portion of revenue from in-app purchases made inside WeChat on iPhones, reports Bloomberg. The move is noteworthy because, until now, most transactions within WeChat’…
Apple has just concluded a major agreement with Tencent, the publisher of the Chinese WeChat app. This agreement will allow the company of Cupertino to collect a 15% commission on transactions made via the mini-games and mini-apps integrated into WeChat. Although this rate is lower than the usual commission of 30% applied [...] Read more... Follow iPhoneAddict.fr on Facebook, and follow us on Twitter Don't forget to download our free iAddict app…
Apple Stock Today (Nov 13, 2025): Dividend Day, Tencent WeChat Deal in Focus
Apple’s stock (AAPL) hovered around $273 in pre‑market trading on Thursday after two near‑term catalysts landed at once: a new revenue‑sharing accord with Tencent around WeChat mini‑apps in China and the company’s scheduled quarterly $0.26 per‑share cash dividend hitting investor accounts today. U.S. markets opened to a macro backdrop where odds of a December Fed rate cut are roughly a coin toss following the end of the federal shutdown—conditio…
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