Has Facebook missed its chance in China?

Tencent's WeChat social-messaging application has 195 million active users in China, and about 400 million registered users in total. That suggests that WeChat has attained the kind of critical mass that could make it impossible for Western rivals such as Facebook to get a foothold in the Chinese marketplace, Jon Russell writes. "Every day that Facebook is not in China, WeChat's presence among users, advertisers and ... [mobile providers] becomes stronger," Russell writes

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