People are betting there is room for other social apps to compete with WeChat

And some see a weakness to WeChat: With over 1 billion users, most of them in a country with 1.4 billion people, there isn’t all that much room for Tencent’s app to grow. Some of the voice-based social networking apps have been so popular that app makers have teams dedicated to listening in for dirty chats — in public chat rooms or private messages reported by users. Soul has also been topping the social networking category on China’s iOS app store, and once cracked Weibo’s hot search terms in September… but that was when users complained about not being able to log in.

Source: www.abacusnews.com