#SwingTradingStrategy Elon Musk's social media platform X is accelerating its transformation into a 'super app', aiming to replicate WeChat's one-stop service model. Here are the current major developments and plans that have been publicly disclosed:
1. Function Expansion Plans
Investment and Trading Features: X plans to launch investment and trading features, allowing users to perform financial operations directly on the platform in the future. CEO Linda Yaccarino stated that the relevant features will be launched 'soon'.
Exploration of Payment Tools: The platform is researching the introduction of credit or debit card services to enhance its financial ecosystem.
2. Advertising Business Recovery Goals
X is expected to soon return to its advertising revenue levels from 2022, a goal deemed crucial for supporting its transformation into a super app.
3. Strategic Positioning
Musk intends to build X into a comprehensive platform that integrates social, financial, and payment services, with its 'super app' model clearly drawing from WeChat's successful path.
Current information indicates that X's transformation is still in the functional expansion phase, with specific timelines and details not yet fully disclosed.