Investors have fled Tencent and its internet peers after China issued edicts governing illegal online activity and food delivery, among others
Small toy figures are seen in front of WeChat logo in this illustration photo. Picture: REUTERS/DADO RUVIC
WeChat, which already has more than 1-billion users, is undergoing a “security technical upgrade” in accordance with relevant laws and regulations, Tencent said in an online statement. It expects to resume new individual user registrations in early August.
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