Why It's So Hard for Meta, PayPal and X to Build a Super App Like WeChat | WSJ

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  • Опубликовано: 14 май 2024
  • Meta. PayPal. X. All of these tech companies have made attempts at a “super app” in the U.S., following the success of WeChat in China, but have yet to get one off the ground. Tech leaders have struggled to combine elements like social media, messaging, payment and more into one place. So what’s holding the U.S. back from having a super app available?
    WSJ explains why, despite challenges, companies still see it as their holy grail product.
    0:00 App efficiency
    0:37 The appeal
    2:18 U.S. issues
    4:03 Regulation
    4:48 What’s next?
    News Explainers
    Some days the high-speed news cycle can bring more questions than answers. WSJ’s news explainers break down the day's biggest stories into bite-size pieces to help you make sense of the news.
    #Superapp #WeChat #WSJ

Комментарии • 984

  • @ven2791
    @ven2791 8 месяцев назад +2892

    The US/EU shouldn't want a single app with access to literally all of their identity, finance, and other security information. It creates a single point of failure that poses a major security threat to customers when that app is infiltrated

    • @n3wt
      @n3wt 8 месяцев назад

      there trying to get us in line with china if u haven't been figuring it out ...when they don't like u ..ur app ain't ain't working that well 😂

    • @bugsygoo
      @bugsygoo 8 месяцев назад +206

      I have to use wechat for everything when in China. It sucks. It absolutely sucks.

    • @orxanr5955
      @orxanr5955 8 месяцев назад

      how does it suck? specifically @@bugsygoo

    • @raquetdude
      @raquetdude 8 месяцев назад +40

      (EU) What if the single app is controlled by a not for profit, nationalised firm where data is overlooked at by a public board.
      Why allow or a private firm a monopoly over so much?

    • @xila-man8249
      @xila-man8249 8 месяцев назад +88

      So does that mean the Chinese are better at cyber security?

  • @johnl.7754
    @johnl.7754 8 месяцев назад +1478

    Americans and Europeans (and others) already think big technology companies have too much power and lack of privacy so a Super App is a no go.

    • @banditonehundred
      @banditonehundred 8 месяцев назад

      I agree, but WeChat seems real convenient. Lazy Americans and Europeans love it and industry is happy to pay their legislators in ‘donations’😅

    • @bugsygoo
      @bugsygoo 8 месяцев назад +36

      Super apps might sound good, but I use wechat everyday and it sucks.

    • @kevinjenner9502
      @kevinjenner9502 8 месяцев назад +3

      European countries have fined Amazon numerous times.

    • @user-lc5er9zw4y
      @user-lc5er9zw4y 8 месяцев назад

      美国的应用面向全球,不同国家应用需求不一样,难以整合。中国的微信只对国内,整合难度小。

    • @shanghaidiscovery2664
      @shanghaidiscovery2664 8 месяцев назад +16

      Europeans and Americans would use it. they would create groups on wechat to moan about lack of privacy as they do on FB now.... in fact if you look at American or European expats in China, they are extremely addicted to wechat - and actually much more to wechat than alipay mostly because alipay has everything except social media / messaging. But i can tell you my French, American, German connection in China are all wechat addicts and if that existed in their home country, they also would use it. for sure

  • @Breaking247
    @Breaking247 8 месяцев назад +979

    While it is true that China has made significant strides in the development and adoption of super apps like WeChat, it is important to consider the unique factors that contribute to their success. China's digital landscape, regulatory environment, and consumer behavior differ significantly from those in the United States.

    • @VinhTran-yh7uu
      @VinhTran-yh7uu 8 месяцев назад +7

      their success is due to national social score

    • @BenerGunes
      @BenerGunes 8 месяцев назад +31

      the so called national social score came out at least 5 years later

    • @Sr.Feynman
      @Sr.Feynman 8 месяцев назад +51

      ChatGPT?

    • @SamudraSovereign
      @SamudraSovereign 8 месяцев назад +6

      Yup, there is no need of a super app in today's world, app efficiency is not that important considering downloading full application is neither expensive (affordable data prices) nor you will run out of space quickly (phones these days have more than decent memory capacity).

    • @rollbin
      @rollbin 8 месяцев назад +6

      WeChat is just the most well known one, becoming super app is just standard requirements for all the app in China in order to get investment,

  • @ankurghosh2387
    @ankurghosh2387 7 месяцев назад +204

    Meta is trying to do the same thing in India with WhatsApp. Introduced payments, communities, channels, avatars and what not. It's downright scary what most people don't realize with an attitude of "I have nothing to hide"

    • @sr_0736
      @sr_0736 7 месяцев назад +26

      I absolutely hate it. I am not a fan of meta in the first and the fact that they have gained such a good hold is downright horrifying

    • @straussbolkonsky
      @straussbolkonsky 6 месяцев назад

      You know about the fact that everything you do on the internet already goes trough the US government databse right? Have people already forgotten about Snowden and the PRISM method of spionage? There is no difference and people in the west are dumb to think there is any difference.

    • @andrewlim7751
      @andrewlim7751 Месяц назад +3

      India will enjoy American's democracy soon. 😁😁

    • @t-.-t.
      @t-.-t. 8 дней назад +2

      All of your information on aadhar has already been leaked by our pathetic goberment.

  • @DawnPatrol101
    @DawnPatrol101 8 месяцев назад +569

    We have this in the usa and it’s called iOS. Imessage, Apple health, Apple Pay, etc... Apple is the tech giant collecting all of our data the same as WeChat (if not more), but it’s just packaged a little differently.

    • @MKsaircall
      @MKsaircall 8 месяцев назад +101

      I completly agree with you. The best (and most scary) part it's that Apple has managed to do all this without us noticing. Elon Musk talks about making X a super app when Apple has been ahead of him for years now

    • @jaydibernardo4320
      @jaydibernardo4320 8 месяцев назад +43

      One more reason to stay away from Apples "walled garden'.

    • @technolus5742
      @technolus5742 8 месяцев назад +37

      Apple actually operates in many countries.
      And we have Google too, with Google Chat, Gmail, Google Fit, Google Pay, ...
      We may find out that Musks idea has already been done and overdone.
      But... we might find out that none of these apps we are mentioning is a single unified app that does everything.

    • @JeremyDeBose
      @JeremyDeBose 8 месяцев назад +17

      iMessage doesn’t have all that WeChat does though. But at the end of the day, everybody’s data is everywhere anyway, so at this point there’s no use being scared of them getting it 😂

    • @shanghaidiscovery2664
      @shanghaidiscovery2664 8 месяцев назад +6

      yes and in China, well Apple still gets the data via wechat installed on millions of their mobiles.... actually we also in China have Xiaomi and mijia which is a network of integrated appliances like washer dryer, AC and so on. Anyway, we live in the age of data so either we embrace it or we go offgrid....

  • @mrrmn19
    @mrrmn19 8 месяцев назад +86

    "Can you grab me a coffee?"
    "Grab your own coffee."
    No super-app required.

  • @llampp
    @llampp 7 месяцев назад +133

    The thing is, iOS/Android are our Superapps. We have one screen with multiple buttons for different features. iMessage, FaceTime, Apple Pay, … there‘s no difference between having them as multiple tabs or multiple apps.

    • @owenliu4780
      @owenliu4780 7 месяцев назад +14

      iOS/Android is the super app. China does not own Android/iOS, and they also want people across both Android/iOS to access the same super-platform (OS).
      Eventually, WeChat becomes the "super OS", and the "mini-programs" are the apps inside.

    • @llampp
      @llampp 7 месяцев назад

      @@owenliu4780 Exactly!

    • @gjune36
      @gjune36 4 месяца назад +9

      You have no idea how good wechat is

  • @VarunDaniel
    @VarunDaniel 8 месяцев назад +161

    Giving one organization control over everything is not always a good idea.
    Remember how when Google has an issue with one of the products you use they block your entire Google account preventing you access from every Google products you use.

  • @rollbin
    @rollbin 8 месяцев назад +131

    The thing is every app in China is becoming super app not just WeChat, there are shopping app or gym app becoming social platform, and music app becoming livestream platform

    • @Barryzhu-cy6ue
      @Barryzhu-cy6ue 8 месяцев назад +14

      是啊,中国的软件总是比较复杂,恨不得把所有的功能都集成进去,美国的软件很简洁。

    • @Syvern.
      @Syvern. 8 месяцев назад +8

      ​@@Barryzhu-cy6ueI like the Chinese software better than America's too

    • @user-tw1de9ll2t
      @user-tw1de9ll2t 8 месяцев назад

      ​@@Barryzhu-cy6ue😂国外软件垃圾的要死,还好意思说

    • @zj7396
      @zj7396 7 месяцев назад

      @@Syvern. try using that for several years. WeChat is cumbersome AF!

    • @kevin_techie
      @kevin_techie 7 месяцев назад

      ​@@Barryzhu-cy6ue- I'm from Vietnam and I like QQ, Weibo, WeChat, BiliBili and especially Xiaohongshu (小红书).

  • @mikecairnduff
    @mikecairnduff 7 месяцев назад +38

    When you are jumping between the different screens and mini programs within WeChat, it doesn't feel seemless at all. It's no different to having separate apps. However, the great thing about it is everyone has it, so you can easily pay for things, transfer money etc. I can't see a similar app taking off in the West though.

  • @TomNook.
    @TomNook. 8 месяцев назад +255

    There is a way to offer the convenience of a "super" app AND limit the power of tech giants. Anyone can create an app and through APIs, integrate services from the major platforms into one. It can be as separated (an app that then links to the 5 different websites - essentially a browser) or integrated as required.
    This does however require the big tech companies to open up their features through developer APIs.

    • @technolus5742
      @technolus5742 8 месяцев назад

      @@ibgib Why not? Instead of having the buy button for Amazon products exclusively on the Amazon app, you could have any number of apps using Amazon as a back-end service provider. For the user it would be the exact same thing, while having chpice between a variety of apps that seamlessly display products from Amazon and their competitors.
      As for identity, you just carry your identity with you instead of Amazon saving it for you.
      Sure big tech companies don't have incentive to do any of this, in fact they will fight it. But that's why regulation would be passed to force them to do things that do not maximize their profit, but which are very good for consumers.

    • @Superpo0oper2020
      @Superpo0oper2020 8 месяцев назад +3

      My content is better

    • @TomNook.
      @TomNook. 8 месяцев назад

      @@ibgib I think Bluesky is trying that with "Web5". But its a problem that I don't think can be solved with current tech - if you want cost effective convenience, you'll need centralisation.

    • @MohammadIshfaqueJahanRafee
      @MohammadIshfaqueJahanRafee 8 месяцев назад +6

      That's called OS.

    • @Song-TheNiceGuy
      @Song-TheNiceGuy 7 месяцев назад

      This is exactly what WeChat and Alipay did back in the 2010s. Most of the mini-programs on these apps are open source. Both of the companies are actively giving free online classes for people to open new features on them. All they have to do is invest in the most popular mini-apps and make billions from this business model 😂😂😂.

  • @fetB
    @fetB 8 месяцев назад +18

    wow, opening 4 apps within a span of hours. truely a massive task. Are we really that low already?

    • @enz0_25
      @enz0_25 6 дней назад

      The author and channel is for sure.

    • @enz0_25
      @enz0_25 6 дней назад

      The author and channel is, for sure.

  • @danmarius
    @danmarius 8 месяцев назад +126

    The super-app is a super bad idea. Because of security and because competition works.

    • @beneree
      @beneree 8 месяцев назад +3

      Not true. Beneree solved all problems already.

    • @FengG0
      @FengG0 8 месяцев назад +4

      Is Walmart a bad idea?

    • @Fordance100
      @Fordance100 8 месяцев назад +9

      I think you are wrong. The security is actually worse to give your data to 10 different companies.

    • @danmarius
      @danmarius 8 месяцев назад

      @@Fordance100 do you really want to lose all your money from your account when someone steals your Facebook or Twitter account (for example) or do you want to use a dedicated payment app?

    • @Digger-Nick
      @Digger-Nick 8 месяцев назад +5

      @@Fordance100 1 company having all your data is MUCH worse than 10 companies having different data...

  • @user-rh6ru5oz2o
    @user-rh6ru5oz2o 8 месяцев назад +88

    Why aren't things as efficient and all encompassing as in an authoritarian state?

    • @TomNook.
      @TomNook. 8 месяцев назад +3

      lol

    • @bngr_bngr
      @bngr_bngr 8 месяцев назад +11

      Yeah that’s the problem this story didn’t even address.

    • @he-yi-jie-you-wei-you-bao-fu
      @he-yi-jie-you-wei-you-bao-fu 8 месяцев назад +8

      The pain caused by the use of force by the United States to other countries is more terrible than those😢 "dictatorships"😢😢

    • @user-rh6ru5oz2o
      @user-rh6ru5oz2o 8 месяцев назад

      @@he-yi-jie-you-wei-you-bao-fu Oh, whataboutism. How predictable. While we're doing whataboutism, want to talk about the pain caused by the CCP?

    • @bugsygoo
      @bugsygoo 8 месяцев назад

      ​@@he-yi-jie-you-wei-you-bao-fuThe pain wechat causes me when I'm forced to use it helps make up for it. It's the world's shitiest app. But thanks for the comment, wamao.

  • @Hellojsm8823
    @Hellojsm8823 7 месяцев назад +18

    They missed the technically different insights. WeChat offers coders a frontend layer and lightweight scripting language functions and interfaces to develop their own services, known as WeChat Mini Programs. It is essentially a mimic of Google Play for Android OS services, but with a smaller, simpler, and lighter language and development procedure.

  • @arkabera3263
    @arkabera3263 7 месяцев назад +27

    super app being succesful is also have something to do with their autocratic system and rejecting US services like meta, google etc. Here in India super app approach has also hasn't got any traction for the same reason. Also people here are used to what they were already using since the start of digital services since 10-15 years.

    • @apachekafka773
      @apachekafka773 7 месяцев назад +2

      😂😂😂 They were accepted they couldn't compete or obey the rules of the land. Nobody sent them away.
      India is democratic on paper and autocratic in operation.

    • @TheNewGuy-wd6xb
      @TheNewGuy-wd6xb Месяц назад

      ​​@@apachekafka773 India should have a one party system

  • @siddharthsriram9698
    @siddharthsriram9698 8 месяцев назад +46

    It’s really not that complicated to get your boss a coffee. You don’t need a super app lol.

  • @MKsaircall
    @MKsaircall 8 месяцев назад +46

    There is already a company that manages finance, messaging any other commodities you can think off. It's Apple, they already are a Super Company and the App Store it's a super app manages everything. US and European citizens don't see an issue with using multiple apps to fulfill their needs. Plus competition makes for a better costumer experience even if we sacrifice the commodity of having everything in one app.

  • @Walk_0210
    @Walk_0210 8 месяцев назад +9

    1:16 Many WeChat users in China use the app not because they like it, but because they believe it can do everything they need.

  • @SeaOfRandomness
    @SeaOfRandomness 3 месяца назад +7

    from a software security standpoint its a nightmare,
    from a software engineering standpoint its bloatware

  • @user-zt5sv9hd7g
    @user-zt5sv9hd7g 8 месяцев назад +60

    You don't need to jump between the apps inside the Wechat. But you still have one display it means you still need to jump between different windows

    • @jacklim5940
      @jacklim5940 8 месяцев назад +5

      No

    • @EikottXD
      @EikottXD 8 месяцев назад

      ​@@jacklim5940Yes

    • @kevin_techie
      @kevin_techie 7 месяцев назад +1

      Don't judge it if you haven't really/actually used it.

    • @owenliu4780
      @owenliu4780 7 месяцев назад +3

      Most operations are designed single-directions for users even if they eventually launch up different components, and almost nothing needs to be back-and-forth.
      It also supports floating windows/icons inside the apps so you can multi-task.

    • @unknown2723
      @unknown2723 7 месяцев назад

      @@jacklim5940 ok so tell when in chatting with my friend and need to order something and can I search on same window for that ?😂

  • @LaxmikantKachhap
    @LaxmikantKachhap 8 месяцев назад +31

    Amazon is already on the way to do this in India. It already provided a range of services from banking to booking movie tickets and more.

    • @DeepakSingh-hb6so
      @DeepakSingh-hb6so 8 месяцев назад

      TATA is also trying by introducing TATA NEU app

    • @apexpredator2118
      @apexpredator2118 7 месяцев назад +7

      Even Paytm has a lot of features, but do people use all the features of these apps? Mostly no. They just look more cluttered.

    • @ankurghosh2387
      @ankurghosh2387 7 месяцев назад

      ​@@apexpredator2118more like a data privacy nightmare than being cluttered

    • @marcelpavlik7976
      @marcelpavlik7976 7 месяцев назад +1

      Are You from India wheb you know that?

    • @LaxmikantKachhap
      @LaxmikantKachhap 7 месяцев назад

      @@marcelpavlik7976 I use Amazon pay for bill payments, travel tickets, movies, insurance, investments, and so much more

  • @abbasz1
    @abbasz1 7 месяцев назад +14

    I remember using wechat in 2014 in china. It had features that took facebook/whatsapp etc to copy in 5 years to implement. But one would agree that giving too much information and control to one company could be bad.

  • @faisalahmed05tm66
    @faisalahmed05tm66 8 месяцев назад +37

    I prefer having choice and control which services I choose to use rather than being forced to use one. I like my privacy and privileges 😅

    • @jjbully
      @jjbully 8 месяцев назад

      Apps in China can be mini program in wechat or a separate app. And there are few more super app in China e.g. Alipay, Meituian. So consumer in China do have choice

    • @peacelover2008
      @peacelover2008 8 месяцев назад +6

      so you like to share your personal info to different apps than just one app which has been trusted and used for 1.3 billion people and for decades? how could you so sure the other smaller apps is trustful and safe?

    • @faisalahmed05tm66
      @faisalahmed05tm66 7 месяцев назад +4

      @@peacelover2008 Given that data breaches are common in 2023, I'd rather have my data scattered around than concentrated in one place, like an easy target waiting to be compromised.

    • @enz0_25
      @enz0_25 6 дней назад

      ​@@peacelover2008 "superapp" sheep is really disgusting

  • @popps33
    @popps33 8 месяцев назад +17

    Great Video! Actually exploring frameworks of Healthcare-centered Superapps but not really for US market at first because Health Insurance companies are absolutely terrible

    • @Song-TheNiceGuy
      @Song-TheNiceGuy 7 месяцев назад +1

      It will never happen if the app is not run by the insurance companies. 😂😂

  • @Kevindevin7
    @Kevindevin7 8 месяцев назад +3

    We don’t need any more monopolies, thanks!

  • @MaGioZal
    @MaGioZal 8 месяцев назад +1

    The main difference is that the US is a federal democracy. And in a democracy there are many independent federal agencies to regulate market transactions and communication, among other things.

  • @yawfraser
    @yawfraser 8 месяцев назад +7

    Imagine the super app crashes, meaning you end up losing everything.

    • @CulturalXplorer19
      @CulturalXplorer19 8 месяцев назад

      No you don't, there are alternatives obviously... It's just that it is wildy used

    • @the_mariocrafter
      @the_mariocrafter 6 месяцев назад +1

      When it crashes reopen it.

  • @Andre-mi6fk
    @Andre-mi6fk 8 месяцев назад +3

    We don't need a Super app. We simply need loosely coupled apps. So signing in and paying seamlessly across multiple apps. That is done at the platform level and Apple is well on that journey already.

  • @serpentine8914
    @serpentine8914 8 месяцев назад +7

    Because Unix/Linux has the generally accepted philosophy of making an application do one thing, and do one thing well. This is sort of lesson 1 for all computer scientists really.

    • @chwistofa
      @chwistofa 2 месяца назад

      In physical reality though I at least would rather something be a multi-purpose utility rather than a unipurpose one

  • @moderatelyapathetic3280
    @moderatelyapathetic3280 8 месяцев назад +11

    I’m not sure if we want a company having that much control

    • @MuhammadHaekalSutrisna
      @MuhammadHaekalSutrisna 7 месяцев назад

      well, there a single company not only work on super app, but also super device (IOS), it have imassege, iwallet, etc, it just different branding in the end

    • @aaronl5826
      @aaronl5826 7 месяцев назад +1

      apple

    • @pb25789
      @pb25789 6 месяцев назад +3

      We already have without you wanting it: Apple, Google, Amazon

  • @catchfishattexas
    @catchfishattexas 8 месяцев назад +4

    its surprising that Meta or X don't have a payment function. and Apple pay, google pay don't have social media base.

  • @neel28sarkar
    @neel28sarkar 8 месяцев назад +5

    Well even few months back Tata also launched TATA Nue in India but that didn't took off as well.

    • @k.k.c8670
      @k.k.c8670 8 месяцев назад

      That's because the Indian govt had a tantrum a few years back and threw out wechat. Just like TikTok, none of the Indian 'replacements' have had that kind of success.

    • @gattlinggun9881
      @gattlinggun9881 7 месяцев назад

      W0W SUPPA P0PPAR ST!NKY BR0WN END!0T!!!
      😊😊😊🤣🤣🤣🤭🤭🤭

  • @stuartsaint4581
    @stuartsaint4581 8 месяцев назад +8

    People need to remember that having everything on one device is already pretty convenient, even if it is multiple devices. The only people really interested in completely integrating these things are those who can see a big profit in selling personal data, or authoritarian governments. If an app or service is free, then you are the product that is for sale.

  • @AndreaDoesYoga
    @AndreaDoesYoga 8 месяцев назад +2

    Interesting analysis, tech dominance isn't easy! 🌐

  • @kizanko
    @kizanko 7 месяцев назад +2

    This shouldn't be called a "Super App" it's glorifying a monopolistic power dynamic. This is basically a "Surveillance App"

  • @sookwalinga
    @sookwalinga 7 месяцев назад +3

    Instead of super apps, how about advocating for interoperability. Imagine having all the different apps working together seamlessly without compromising user privacy instead of creating another monopoly

  • @freemagicfun
    @freemagicfun 6 месяцев назад +4

    Of the US companies I think Google could likely be the super-app... they are almost there already... if any company is allowed to. There may be too may regulatory issues or monopoly complaints. I wish we had something as convenient as WeChat. 😎

  • @sonusmeister2325
    @sonusmeister2325 7 месяцев назад

    at least in SEA, Grab and Goto started as ride hailing, then developed to food delivery, loan, and payment service.

  • @exxodas
    @exxodas 2 месяца назад +2

    Ummm… there is already a super app… it’s called iOS. Apple has apps for your payments, your messages, your photos, your music, your TV, your health, etc.

  • @xumx
    @xumx 3 месяца назад +3

    Technically WeChat is a messaging/social media app that also acts as a web browser. So while technically the browser is a window to endless amount of other services. It is not too different from safari on iOS with integrated keychain, and Apple Pay etc.
    The browser doesn’t actually “own” all the user data, the third party companies building the websites (mini apps) do.
    The privacy concerns are misguided.

    • @Orventillle
      @Orventillle Месяц назад

      the data is being fetched first from wechat as it originates from them when the connection to third party service is made. they definitely would have access to it

    • @xumx
      @xumx Месяц назад +1

      @@Orventillle like I said, you can argue that Google chrome as a browser technically has access to all your browsing data, but realistically, the data belongs to the websites you are visiting and not the browser company.

  • @wayando
    @wayando 8 месяцев назад +20

    Apps should remain separate ... Its bad enough that all our info is on one device, it would be catastrophic to make it worse by putting it on one app.
    Besides, Google and Apple have operating systems that cover the role of the "one app".

  • @obsmagician
    @obsmagician 8 месяцев назад +1

    Say people are scared a Super App in the US is just an excuse.
    For instance my Credit Card is already register in my Amazon App.
    If Amazon App could let me pay my local stores, i won't be upset.
    If Amazon App can let buy my bus ticket, or plane ticket, i won't be upset.
    It is just no one can provide a Super App in our country

  • @doniherald7745
    @doniherald7745 6 месяцев назад

    0:51
    Xperia mini pro, my old phone, this thing is awesome.

  • @funghi2606
    @funghi2606 8 месяцев назад +3

    That actually very simple. Meanwhile there is not a Superapp, there are big umbrellas operating systems: IOS and Android. Because of the control of the Chinese government, they can’t operate the same way in china, so there was a void filled by superapps. Also people would not trust an app with all that power

  • @ibgib
    @ibgib 8 месяцев назад +5

    The problem is this does not add the same convenience without federated identity and an orchestration approach that minimizes indirection & abstraction. Think of the one button buy on Amazon. There is currently no incentive from big tech to streamline handoffs to other apps.
    The future of this is not a "super app" but rather an open data protocol that solves both identity and the streamlining. The problem is our current best attempts' at these distributed architectures (e.g. etherium, ipfs, w3c solid pods) are too complex (not DRY) and take too much from bitcoin, and too DAO-y.

  • @Zero11_ss
    @Zero11_ss 8 месяцев назад +2

    How can i take this journalism seriously when she said government tax purposes and didnt even mention how its primary purpose is spyware.

  • @elpiyoyo1
    @elpiyoyo1 8 месяцев назад

    we need something like this

  • @KarenLynnOlsen
    @KarenLynnOlsen 8 месяцев назад +14

    My advice to anyone starting out in the tech market is to seek guidance as its the best way to build long term wealth while managing your risk and emotions with the passive investing strategy

    • @gilbertbrien2280
      @gilbertbrien2280 8 месяцев назад +1

      The trading market is constantly evolving with new features, trading opportunities, financial swings with sudden surprises around every corner. Honestly the best thing is to stay in shape and don’t let anything catch you on the wrong foot

    • @rineleff2009
      @rineleff2009 8 месяцев назад +2

      As the economy crisis keep rising, one needs to have different streams of income, a well detailed diversified investment portfolio in the financial markets is needed to survive, as well as secure a profitable investment future! Wondering if viewers here are familiar with Camille Anne Hector trading strategies

    • @user-fb2hk7vu3q
      @user-fb2hk7vu3q 8 месяцев назад

      Nothing feels better than having a trader that makes maximize profit on ones benefit, I didn't get to benefit that this whole lockdown but its never late, how can i reach this trader you speak about that made you earning even in the red market?

    • @rineleff2009
      @rineleff2009 8 месяцев назад

      Well Mrs Camille it is very much easy all you have to do if interested in her platform Just took her up on the net you’ll be for sure directed to her platform

    • @user-fb2hk7vu3q
      @user-fb2hk7vu3q 8 месяцев назад

      Thanks for sharing this truly I just Googled her name and her website came up right away. It looks interesting so far. I'm going to book a call with her and let you know how it goes.

  • @Eoin-B
    @Eoin-B 8 месяцев назад +2

    Imagine you want to start a ride-share company that had slightly better fairs as a fair trade alternative to Uber. It sounds tough enough to break into the market as it is. But if we were in China, with the population not venturing outside of the superapp for services, it would not be the market that decides if this business makes it, it would be WeChat purchasing the idea and implementing it for it to even appear on customers' screens. That's what a super app does. It doesn't allow any new business to grow organically, the owners can make or break any startup on a whim.
    The EU would cut any app up as fast as Elon tries creating one.

    • @peacelover2008
      @peacelover2008 8 месяцев назад +1

      if you talking about monopoly , who is worse than the WEST?

    • @devstuff2576
      @devstuff2576 7 месяцев назад +1

      @peacelover except THE WEST is NOT ONE company

    • @Eoin-B
      @Eoin-B 7 месяцев назад

      @@devstuff2576 I don't even understand his comment, it's pure nonsense. That's why I never responded. There are literally millions of companies. And my comment was about having the culture of not wanting one app to be a monopoly and am happy the EU is activley breaking up digital monopolys & gatekeepers at the moment.

    • @tlieyanx790
      @tlieyanx790 5 месяцев назад

      Sorry, but I have to say, in China, Wechat only supports a stage to kinds of companies, it doesn't creat servece. If you come to China, you can have a try :)

    • @Eoin-B
      @Eoin-B 5 месяцев назад

      @@tlieyanx790 Sorry, I only know that the Grab app was a copy of WeChat. Grab is in Vietnaim and Thailand and that owns all the services I used it all the time for literally everything.
      Because it was a copy, I assumed they had the same platform.
      Maybe the title should have been X wants to create super app like Grab?

  • @SHENGEsiyabonga
    @SHENGEsiyabonga 7 месяцев назад

    In South Africa, you don’t even have to manually add the car. Our banking apps can easily link to Apple or Samsung pay and add the card automatically within seconds

  • @recess7
    @recess7 8 месяцев назад

    I remember using WeChat using my Nokia E63 back in the day

  • @privat6558
    @privat6558 8 месяцев назад +4

    I mean the superapp ist the smartphone itself. Otherwise it's an app with multiples apps inside. No difference.

  • @mbpii
    @mbpii 8 месяцев назад +6

    There is very little appeal other than the company that made it being insanely profitable, and a monopoly

    • @k.k.c8670
      @k.k.c8670 8 месяцев назад +1

      You have to use it before knocking it

    • @bpeng2000
      @bpeng2000 5 месяцев назад

      @@k.k.c8670 I was going to say the same thing. He has not used wechat, and knows nothing about the mini-program ecosystem.

  • @seaque.
    @seaque. 7 месяцев назад +2

    I'd rather use native/efficient written actual applications than one app that has hundreds and hundreds of webview based *apps*

  • @pabss3193
    @pabss3193 8 месяцев назад +1

    No thanks WSJ, no super app, please and thank you!

  • @Sjalabais
    @Sjalabais 8 месяцев назад +3

    Can't believe the most important point - privacy concerns and the fact we're living in free countries - only comes up last. Nobody wants this. Convenience is the enemy of freedom.

    • @aopengzuo2156
      @aopengzuo2156 8 месяцев назад

      can't believe no one has mentioned the covid health QRcode shitshow

    • @ranfak
      @ranfak 8 месяцев назад

      Lol 😆 once you are in internet forget about so called privacy.

  • @MrKar18
    @MrKar18 8 месяцев назад +12

    The problem with Super app like wechat is that it will try to get monopoly of everything sector - Food, payment, social media. It's a huge no for consumers in terms of benefits and security.

    • @ZynzeNycraile
      @ZynzeNycraile 7 месяцев назад

      Don't know how WeChat works😂😂😂 lol you can register your business inside it.

    • @ZynzeNycraile
      @ZynzeNycraile 7 месяцев назад

      Many small businesses registered inside WeChat.
      GPS works inside china and you can fine business food bags any items near you

    • @xzxleo
      @xzxleo 7 месяцев назад

      it's not true ,there are alipay ,chinese tiktok,meituan and other competitors
      It's just that WeChat just has all the functions, but some functions can't meet the complete needs of consumers.

    • @user-kn1oo1be4r
      @user-kn1oo1be4r 5 месяцев назад

      However, WeChat cannot achieve monopoly in the social media, payment, and food industries, and is even slowly regressing.

  • @Hollowdude15
    @Hollowdude15 4 месяца назад

    I feel like the only way to make a super app similar to wechat is to just make a social networking app where people can find what apps and what profiles created those apps so they can follow and use it and great video the wall street journal :]

  • @jun_suzuki42
    @jun_suzuki42 8 месяцев назад +1

    Sit back and think, convenience and privacy, which one do consumers and businesses prefer?

  • @coldham77
    @coldham77 8 месяцев назад +10

    I like the data silos that apps offer in terms of security.

  • @Taskmaster0696
    @Taskmaster0696 8 месяцев назад +5

    It’s not that it’s hard , it’s that we don’t want that lol … also good to note Meta is attempting to make a super app if you look closely

    • @DanielGoldMcduckRose
      @DanielGoldMcduckRose 8 месяцев назад +1

      Apple might have best shot between Apple Pay Cash hardware privacy and health.this seems like great idea 4 a video.

    • @CulturalXplorer19
      @CulturalXplorer19 8 месяцев назад

      So, you do want to... Which is why Elon musk and meta is trying to.

  • @AgentX-dh3lf
    @AgentX-dh3lf 2 месяца назад +1

    Whatsapp in India has Chats, Calls, Video Calls, peoples' statuses, UPI Payments and Shopping all in one app.

  • @willianmarcucci2677
    @willianmarcucci2677 2 дня назад

    Another point is that Apple prevents the creation of SuperApps in the AppStore. They say that applications like this would interrupt the customer experience offered by the iOS system.

  • @nubreed1980
    @nubreed1980 8 месяцев назад +15

    I am a fan of micro apps. It’s the whole reason why iPhone exists 🤷🏻‍♂️

  • @jingpinhuicai
    @jingpinhuicai 8 месяцев назад +10

    I would rather have multiple apps each doing their own things rather than having my entire digital life tracked and recorded by one company.

  • @YassineSouilmi
    @YassineSouilmi 8 месяцев назад +1

    It’s a privacy nightmare. It’s where you yourself become a commodity

  • @Hobbes4ever
    @Hobbes4ever 7 месяцев назад

    because its so much easier to keep an eye on user activities with just one app

  • @andydondy6444
    @andydondy6444 8 месяцев назад +3

    Wechat is fantastic 👍👍👍👍

  • @bugsygoo
    @bugsygoo 8 месяцев назад +14

    I have the misfortune of having to use wechat every day. It's an abomination of an app. It's not quicker than using multiple apps. To go from one function to another takes more taps than it would to use two different apps. It's absolutely nothing to be envious of. It does not make anything easy.

    • @johnnywalker2870
      @johnnywalker2870 8 месяцев назад +4

      Yeah, if it's not American, it's not good. Funny how hundreds of millions of Chinese love it.🤔🤔

    • @IAmAPhan
      @IAmAPhan 8 месяцев назад

      ​@@johnnywalker2870lol, you inferred too hard.

    • @xinyiquan666
      @xinyiquan666 8 месяцев назад

      @@johnnywalker2870 whchat is best, but its not deigned for non chinese or those with different background, its funny US make excuse because it can not develop as good

    • @xinyiquan666
      @xinyiquan666 8 месяцев назад

      @@johnnywalker2870 whchat is best, its funny US make excuse because it can not develop as good

    • @xinyiquan666
      @xinyiquan666 8 месяцев назад

      and it is quick , and stop envis , and just keep to whatspp

  • @dylangarcia9468
    @dylangarcia9468 7 месяцев назад +1

    the problem with a superapp is that the entire purpose of apps on a phone is to a. provide functionality and b. segment them. i don't want one app that does everything, i want an app for individual tasks. one app for everything is far too bloated because then it just ends up doing everything that a smartphone operating system should do in the first place.
    reducing friction between different apps is what the phone should do, and ends up doing well. for example, i use apple pay for everything, and easily enough i don't have to fuss around with 4 different apps to use the coffee money my boss sent me.

  • @DrKlausReichert
    @DrKlausReichert 7 месяцев назад +1

    It’s also pretty hard to built all these extras into eg Twitter, as their model is based on basically anonymous users and no checks at all. In essence: trust is not built into the Twitter DNA.

  • @proud_chinese_traitor
    @proud_chinese_traitor 8 месяцев назад +18

    I lost my wechat when I said I support Taiwan last year. I doubt any American app can ban anyone's account just by one sentence

    • @ssuwandi3240
      @ssuwandi3240 8 месяцев назад +2

      😂 how naive..

    • @TomNook.
      @TomNook. 8 месяцев назад +5

      You'd be surprised. Remember the trucker protests in Canada.

    • @rabbitazteca23
      @rabbitazteca23 8 месяцев назад

      Oh twitter and Instagram is one even if u question something like thw legitimacy of thw holocaust. Censorship is alive and well in Western apps, too, buckaroo!

    • @he-yi-jie-you-wei-you-bao-fu
      @he-yi-jie-you-wei-you-bao-fu 8 месяцев назад

      The United States and China each have their own freedoms, and each has their own lack of freedom. Haha, you understand. In the United States, you would never dare to say bad things about black people, Jews, and LGBT people. Haha😂

  • @sudiptokumar986
    @sudiptokumar986 8 месяцев назад +5

    They were able to make super app bcoz they copied the features and keep Integration it in the app. On the another hand whatapp owned by meta has payment features in India, but rarely anyone uses it as META disrespect to privacy features.

    • @bpeng2000
      @bpeng2000 5 месяцев назад

      A majority of the features are offered by third-party companies through the mini-program interface....

  • @boydseabiscuit2635
    @boydseabiscuit2635 8 месяцев назад +1

    separation of functions is separation of power

  • @krishnendu_999
    @krishnendu_999 7 месяцев назад +1

    India has it all
    Whatsapp: payment , online shopping food order
    Apollo : buy med, book tests, doctor appointments online and offline also prescription, report storage in cloud
    The list goes on...

  • @yukunwang2059
    @yukunwang2059 8 месяцев назад +4

    As much as I hate tencent as a company wechat does make life a lot easier for everyone in China.

    • @TomNook.
      @TomNook. 8 месяцев назад +1

      Unless your account is blocked. Then you'll be hard pressed finding alternatives.

    • @user-rh6ru5oz2o
      @user-rh6ru5oz2o 8 месяцев назад +1

      Doesn't make it easier for Chinese people to discuss certain sensitive topics

  • @sachin2842
    @sachin2842 8 месяцев назад +13

    trust me as an IT person I say we're all better off with different apps which is more democratic and gives us the control than say chinese we chat 😂 like seriously would u trust all data with one app?

    • @zsarimaxim692
      @zsarimaxim692 8 месяцев назад +2

      Instead of one company having your data, it’ll be a 100 companies all having your data. The funny part is that they will buy and sell these data from each other to get a full picture.

    • @everbeever
      @everbeever 8 месяцев назад

      as an IT person, I don't believe any tech company. Your personal data is the company's asset, they can use it without notifying you. And the only time notifying you is when the data is breached. You registered 10 apps means you are more than 10X vulnerable than 1 time.

    • @sachin2842
      @sachin2842 8 месяцев назад

      @@everbeever bt u can just take back permission as u gave it though after work of that app is done..

    • @peacelover2008
      @peacelover2008 8 месяцев назад

      @@sachin2842 YOU are too young too naive , when you take back permission, they already got your info.

  • @SorminaESar
    @SorminaESar 8 месяцев назад +1

    No we chat, face book, instagram and twitter at all, so scared of wasting time and energy. Just enjoy your life cause the life is so good😊

  • @dirkie04
    @dirkie04 8 месяцев назад

    What if you can set these parts of the superapp up as their own companies and create one unifying platform over it this would ensure that all companies remain separate wile also giving people one superapp

  • @skidmarks4360
    @skidmarks4360 8 месяцев назад +3

    I see how a company would like to be in that position, but our current situation seems a lot better for the consumer than a single app's monopoly.

  • @linglin1558
    @linglin1558 8 месяцев назад +2

    the whole world using all US apps is a more concerned issue. every country should develop their own apps.

  • @saurabh199530
    @saurabh199530 8 месяцев назад +1

    Shocked to see the poor quality of journalism. They interviewed 1 person who is def. not even an expert on this subject and only mirrored her opinion. Sad WSJ

  • @GeliCarlosJ
    @GeliCarlosJ 8 месяцев назад +1

    People fail to realize China is just a completely different environment in every aspect to that of the US or EU.
    Anti monopoly (or at least an attempt to enforce) is a thing for basically all countries, in China there is no anti monopoly since the government is the monopoly and exerts various levels of control over all that conduct business within their borders.

  • @JeremyDeBose
    @JeremyDeBose 8 месяцев назад +7

    Apple could lead the charge on this. I’d like to have one (as an option, not the ONLY option). But with antitrust laws etc, it would be hard to do, I think.

  • @rabbitazteca23
    @rabbitazteca23 8 месяцев назад +7

    I actually love wechat. I think it's silly to argue about privacy when u LITERALLY lose the same privacy to 5 different apps. Why not lose them in a single app other than 5? 😂😂😂 Wake up people and stop being so daft. If you want to pay using your phone you're gonna have to provide things like IDs to prove ur a real person and if u want to use the money on your credit cards using your phone you're gonna have to enter your credit card details. No one is forcing you to do this!

  • @thongoc8030
    @thongoc8030 8 месяцев назад

    google chrome has ton of extensions, teams also has so many small apps integrated in, they are all super apps

  • @mramaretto114
    @mramaretto114 10 дней назад

    What i would like in the west is like a superpass, an mobile wallet that has a list of trusted businesses so when i want to rent a kickbike, enter a personel free store, try a new charging station for my car etc i shouldnt be forced to download and app or enter my cards over and over again, just scan qr and go

  • @CadyCadwell
    @CadyCadwell 8 месяцев назад +4

    we don't have wechat because we values privacy and freedom of speech.
    which's none, not a single, wechat users, have the luxury of both human rights very basic essential values...

    • @Xrey-ek5sh
      @Xrey-ek5sh 8 месяцев назад +1

      Freedom of speech and privacy, you think you have that with your other apps 🤣😂

    • @ranfak
      @ranfak 8 месяцев назад +1

      @@Xrey-ek5sh😂exactly, they talk about freedom and privacy and don’t wanna give their data to one app but they are ok to give their data to 5 different app 😂 what kind of logic is this lol and they talk about we don’t wanna give single app all power but they are ok to use one single internet server which is dominated by government authorities lol .

  • @salttea8926
    @salttea8926 8 месяцев назад +6

    In my opinion US companies prefer quantity while in China the prefer Quality...

    • @landotter
      @landotter 8 месяцев назад +8

      I can tell by the quality of their products 🙄

    • @salttea8926
      @salttea8926 8 месяцев назад +2

      @@landotter I use Chinese products and they are good in quality... Even IPhones are made there which they supply to asia

    • @TomNook.
      @TomNook. 8 месяцев назад +2

      @@quantumbuddhist you get what you pay for. $1000 iPhone is top notch. $3 sandals, not so much.

    • @TomNook.
      @TomNook. 8 месяцев назад +1

      ​@@landotter Yup, my 25 YEAR OLD laptop, Made in China still works.

    • @salttea8926
      @salttea8926 8 месяцев назад

      @@quantumbuddhist then why people's buy them as you belong to free economy...

  • @pia31415
    @pia31415 4 месяца назад +1

    It's a privacy nightmare! No wonder it is a "holy grail" for companies, they can only have their mouth water at the information flux.

  • @raquetdude
    @raquetdude 8 месяцев назад

    A super app should be nationalised not controlled by a private firm.

  • @Fightback2023
    @Fightback2023 7 месяцев назад

    I see a lot of comments below saying any "Super App" would invade their privacy. Well.. when you are connected to the web, your privacy has been invaded or out of the window. Read all the agreements on every app you have installed. You have no ownership of your private data once you use any of the app, because if you are not paying for it, you are the product.

  • @hihihi5367
    @hihihi5367 Месяц назад +1

    If I wanted to control an entire population and know everything about them, I would want a super app. If I wanted privacy and freedoms, I would want what we have now.

  • @nylexmo9019
    @nylexmo9019 7 месяцев назад +2

    Personally I wouldn’t use a super app. I believe it’s comprise the userbility and functionality of each individual app. Synergy over convenience.

  • @user-gb9js6cp6v
    @user-gb9js6cp6v 7 месяцев назад +1

    Apps in U.S. are Actively Running in the BACKGROUND of your smartphone, and under settings, Can see the background apps using your Cellular DATA.
    THUS Apps in U.S. DO COLLECT DATA EVEN WHEN NOT OPEN

  • @businesswithvas4657
    @businesswithvas4657 8 месяцев назад +1

    I rather have to slowly switch apps , than one having access to all my data.

  • @bbnCRLB
    @bbnCRLB 7 месяцев назад +1

    Security? Plus one company controlling your communication, banks,etc is very risky. Imagine what we experience with Meta censorship.

  • @bradderrs6221
    @bradderrs6221 11 дней назад

    A superapp is the definition of a monopoly, something that wud never take off these days

  • @Illyaaa
    @Illyaaa 3 месяца назад +1

    FBI IT department should develop a super app, they already got all the data anyways, no harm