In the U.S., WeChat app downloads in the U.S. rose by 41 percent in a six-day average from the week prior to the U.S. ban announced last Thursday, and QQ downloads have tripled in the past week, according to data from Sensor Tower.
Over a dozen major U.S. international business executives joined in a call with White House officials on Tuesday to raise their concerns about President Donald Trump's planned restrictions targeting the WeChat app from China's Tencent Holdings Ltd., according to a Wall Street Journal report.
More users in the United States downloaded chat app WeChat and another Tencent-owned chat app, QQ, after President Donald Trump threatened to ban WeChat, according to Sensor Tower data on Thursday.
In his latest report, TF International Securities analyst Kuo Ming-chi estimated that global iPhone shipments could drop by 25 to 30 percent if Apple is forced to remove WeChat from its global app store. Besides, the annual shipments of other Apple hardware devices, including AirPods, iPad, Apple Watch, and Mac, will be revised down by 15 to 25 percent.
Bryant also cautioned against a disruption in cross-border investment, as her company helps bring in investment from around the world, especially China.
In 2019, Chinese visitors spent more than 1.3 billion dollars visiting the San Francisco Bay Area. For many of them, WeChat, with its ability to make payments, played a valuable role.