Tencent overtakes Facebook in valuation; declares global goal
Malaysia 'set to be first foreign country to see launch of its WeChat e-payment system'
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Hong Kong
CHINA'S biggest social network and gaming firm Tencent Holdings, which last week reported forecast-beating quarterly results, is close to making Malaysia the first foreign country to roll out its WeChat ecosystem, an executive told Reuters.
Tencent has made a "breakthrough" in gaining an e-payment licence in Malaysia for local transactions, and plans a launch early next year, senior vice-president SY Lau said in an interview.
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