Chinese Tech Giant Tencent Plans to Expand Its US Footprint – Despite Ongoing Trade War

Tencent will step up its efforts to expand its payment service WeChat Pay to the U.S., an executive at the Chinese technology giant told CNBC, hinting at more merchants coming on board later this year. WeChat Pay allows users to show stores a barcode on their smartphone via the Tencent-owned WeChat messaging app.

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