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Meanwhile, Tencent’s flagship messaging app WeChat faces its own set of hurdles. The U.S. government has issued an order that could restrict WeChat’s use, though the impact appears to be limited given its relatively small user base in the U.S. — estimated at about four to five percent of its global customers. For context, the app's primary markets are in India, Indonesia, and Southeast Asia, which dwarf the U.S. market in size and revenue.