Apple Opens Store on China's WeChat Platform (reuters.com) 7
Tencent's WeChat said on Tuesday that iPhone maker Apple had opened a store on its social media platform, marking an expansion of the U.S. firm's retail channels in the world's second largest economy. From a report: The announcement by WeChat, China's dominant messaging app which also provides e-commerce, livestreaming and payment services, said users would be able to buy Apple products including iPhones, iPads and Macs from the store. The move by Apple comes as Chinese consumers increasingly turn to social media platforms such as WeChat and ByteDance's Douyin, the Chinese version of TikTok, to shop.
Irony is dead (Score:3)
Apple opens store on another company's platform.
Imagine that.
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I didn't know that Apple owns the mall my local Apple store is in.
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I think we can safely assume WeChat doesn't take 30% of every transaction.
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Why would you assume they don't take a cut? I imagine they probably do.
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Apple's not going to take a 30% hit to their margin. A rules for thee are not rules for me kind of thing.
Apple's also isn't going to raise their prices to compensate, as nobody is going to pay extra to buy the product on wechat when its cheaper everywhere else. Apple is also pretty well known for requiring anyone carrying their products to sell it at the same MSRP. There's no real point shopping around for an ipad, a new ipad costs the same at the apple store as it does at walmart.
Also, from a few google se
With 30% going to the CCP? (Score:1)