Apple Reaches Deal to Take Billions of Dollars in China's WeChat

Apple has reached a new agreement with Tencent that will allow the company to process payments and collect a 15% commission ...
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WeChat to support virtual payments on iOS, Apple cuts commission to 15%

On Friday, WeChat announced that its Mini Programs will support virtual payment functionality on iOS, with Apple reducing its commission rate to 15%.

Apple Finally Scores a Piece of WeChat’s Massive App Revenue

Apple has reportedly reached a major agreement with Tencent that will see the iPhone maker take a 15% commission on mini game ...
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Stock Market Today: Dow Sinks 400 Amid Inflation Woes; WeChat Parent Slides (Live Coverage)

Stocks continued to struggle Thursday with all major indexes marking session lows in early afternoon trade. The Dow Jones ...