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WeChat Establishes E-commerce Product Department to Operate New Transaction Models
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TENCENT (00700.HK) (TCEHY.US) has issued an internal letter to all staff, in which it announced adjustments within the WXG Group and the establishment of an E-commerce Product Department for WeChat.

It is understood that the E-commerce Product Department will be responsible for exploring new transaction models within WeChat, speeding up the development of transaction infrastructure and ecosystem, and operating new WeChat transaction models.

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