Facebook Is About To Start Making Money Off Whatsapp By Charging Businesses

in #facebook • 7 years ago

Facebook one of the leading social media is about to start making Money off whatsapp by charging businesses.

WhatsApp chief operating officer Matt Idema said in a statement shared with Business Insider. "We're looking forward to making it possible for people to connect with businesses in a fast and personal way, and giving businesses the tools to make that easier to do.”

Facebook spent $22 billion on acquiring WhatsApp in 2014. The app used to charge users a $1 per year subscription but dropped the fee in early 2016. WhatsApp cofounder Jan Koum has long been a staunch opponent of traditional advertising and has promised that the app will never show ads.

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7 years ago in #facebook by
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     7 years ago 

    This post recieved an upvote and comment from Abiolagbode. If you would like to recieve upvotes from abiolagbode on all your posts, simply FOLLOW, UPVOTE AND COMMENT @abiolagbode

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       7 years ago 

      This post has received a 0.39 % upvote from @drotto thanks to: @banjo.

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