Facebook's Whatsapp may have some contending to do in the coming months for its top spot in the world of mobile instant messaging. Today Whatsapp rival, WeChat, announced its earnings report for the first quarter of its fiscal 2014 year. While this would not usually be major news, the fact that WeChat grew by almost 50 million active monthly users caught our eye.
At the end of 2013, WeChat had about 355 million active monthly users, and now the company is reporting that during the first quarter of 2014, it managed to grow its user base to 396 million active monthly users. This number covers both WeChat and Weixin, the Chinese version of the app. With user numbers rising this fast, we could see WeChat top 500 million by the end of the year.