> Tencent Says Libra Would Pose Serious Threat to Alipay, WeChat Pay
I think that's the idea, yeah.
Didn't know this fun fact before:
> Founded in 1998, the company’s name echos the prior decade’s favorite technology, the belt clip beeper, or pager. Known across China as “cent,” that suffix was added to the last character “teng” of the founder’s name, Huateng Ma, according to Shenzhen tech lore. Tencent’s first product was online software to send messages from computers to pagers.
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