China's Tencent looking at U.S. opportunities for its WeChat app

Tencent's WeChat app could be a threat to Facebook in the mobile Internet market

By , IDG News Service |  

Tencent has been continually adding new features to the app, to include social networking functions such as a status feed. This could make the app not only a threat to WhatsApp, but also to Facebook, Clark said.

"The Chinese are coming," he added. "They have so much capital. Tencent is neck and neck with Facebook. It's very strong company, and in that respect it has the resources to take on the big guys."

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