WeChat – The One App That Rules Them All

Introduced as a messaging app in 2011 by Tencent, WeChat has evolved into lifestyle platform for users in China. With ~850 million monthly active users, it now offers to its users what Facebook, WhatsApp, Messenger, Venmo, Grubhub, Amazon, Uber, Apple Pay, etc. together offer in the West. The blog discusses how WeChat has used the strong network effects to emerge as the one app that rules them all.

Fighting fraud using machines

Posted on

Sift Science uses machine learning and pattern recognition to detect and prevent fraud. The company has strong network effects and has managed to create and capture value by improving its product over time.