๐ฟ, (๐๐๐ ๐๐๐ ๐๐๐๐๐๐๐๐ ๐๐๐๐๐ ๐๐ ๐ป๐๐๐๐๐๐) has about 240m daily active users (DAU) and so it makes absolute sense to transform into a SuperApp? Not quite.
While the Chinese App, WeChat and X are enabled for social networking, the similarities end there as the functionalities of WeChat extends far beyond what Twitter currently offers.
Musk has been fixated on an โeverything appโ since he took over X last year. However, there are a myriad of reasons why X may not succeed in its search to become this platform.
1. ๐๐๐จ๐ฌ๐ฒ๐ฌ๐ญ๐๐ฆ ๐๐จ๐ฆ๐ฉ๐๐ญ๐ข๐๐ข๐ฅ๐ข๐ญ๐ฒ: To become a SuperApp, a platform needs a wide range of compatible services. In the West and other countries that have unhindered access to tech, many of these services are already established and might not be willing to integrate into a single SuperApp platform.
2. ๐๐ฎ๐ฅ๐ญ๐ฎ๐ซ๐๐ฅ ๐๐ข๐๐๐๐ซ๐๐ง๐๐๐ฌ: In China, users were comfortable integrating many aspects of their lives into a single platform like WeChat, which handles everything from payments to communication to entertainment. Western users, however, are used to having separate platforms for different needs. Changing this behavior might take more than just offering the functionality.
3. ๐๐ฌ๐ญ๐๐๐ฅ๐ข๐ฌ๐ก๐๐ ๐๐๐ฅ๐๐ญ๐ข๐จ๐ง๐ฌ๐ก๐ข๐ฉ๐ฌ: Consumers often have long-standing relationships with banks and brands that a single app could struggle to replace. Would you leave Amazon for X? Your favourite bank or fintech for X?
4. ๐๐๐ ๐ฎ๐ฅ๐๐ญ๐จ๐ซ๐ฒ ๐๐ง๐ฏ๐ข๐ซ๐จ๐ง๐ฆ๐๐ง๐ญ: China's regulatory environment has allowed the rapid growth and expansion of SuperApps. The West, with its stringent regulations on data protection (like GDPR in Europe) and competition (antitrust laws), may not allow a SuperApp to dominate the market in the same way.
5. ๐๐ฌ๐๐ซ ๐๐ซ๐ฎ๐ฌ๐ญ: Trust is a huge factor. Many users would be unlikely to give all their information to X. Trust is lacking. Recent scandals around data privacy have made Western users wary of giving too much information to a single company.
While there is a possibility of a Western SuperApp, the form it takes might be quite different from China's WeChat due to these and other factors.
A Western SuperApp might be more open, focused on integrating existing services in a user-friendly way. It may be more about creating an ecosystem that provides a seamless, integrated experience, and also respects user privacy and choice.
It is unlikely that X will be that App. But I may be wrong!
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