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559 Apple Reaches Deal to Take Billions of Dollars in China's WeChat

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Hartley Charlton @ MacRumors · today 11:03 EDT

Apple Reaches Deal to Take Billions of Dollars in China's WeChat

Apple has reached a new agreement with Tencent that will allow the company to process payments and collect a 15% commission on purchases made inside WeChat mini games and mini apps on the iPhone, establishing a major new revenue stream in China after over a year of negotiations, according to Bloomberg.


Under the arrangement, Apple will begin handling in-app payment processing for qualifying mini apps and mini games distributed inside WeChat, China's dominant all-purpose mobile platform. Developers part

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