Russia sees China's WeChat, Douyin as models for its homegrown Max messenger [Yahoo! Finance]
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Source: Yahoo! Finance
models for ?developing its own struggling Max messaging app, Vladimir Kiriyenko, CEO of state-controlled ?internet firm VK, said on Wednesday. The Kremlin is pushing Russians to use Max instead of Telegram, ?currently the country's most popular messaging app, but is facing stiff resistance from users, who argue that Max lags far behind its rival in terms of functionality. Despite periodic government attacks over the years, Telegram has grown from a messaging app into a ?platform that provides services for ?business users, monetization opportunities for content creators, and crypto transactions. The Kremlin sees this kind of "platform economy," in which e-commerce firms and ?affiliated banks help businesses reach their customers through online services, as its main tool for boosting slowing economic growth. Kiriyenko said that Max, like WeChat, would use its open platform ?to integrate ?third-party chatbots, creating new services for businesses. ?He added that 500,000 companies
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