WeChat Ban Challenged in Lawsuit as Users Wait for Legal Redress
The implication of the WeChat ban largely implied that U.S. businesses cannot transact or do any business with this social messaging app.
Tencent Shares Drop 5% as Trump Bans U.S. Transactions with WeChat and TikTok
Tencent Holdings Ltd. shares dropped around 5% during the London trading session, following an executive order issued by President Trump banning US transactions with WeChat and TikTok in the next 45 days.