I call BS on that, chat and payments haven't gone well together in the past. The friction of sending money to another person is very low, I don't think people really care whether it's on the app they're already on, or they have to switch apps.

Venmo tries to push it's messaging features but nobody really cared. People use Venmo because it's free transfers, they don't need a new chatting app that mixes money with memes. Welathsimple Cash tried that here in Canada but hasn't been terribly succesful either, and so has WhatsApp in India.

The reason WeChat become popular because it had first movers advantage and used it's reach to be the first payment service of it's kind. People didn't use it because it integrated with chat, they used it because it was good.

True, however, even then the initail focus was very spesific: Make a reuasable rocket. An everything app does a range of very different things like ride hailing, food delivery, cash transfer, chat, etc etc.