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

in #facebook7 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.

         Please Upvote and follow @sarhyd and I will gladly do the same.
Sort:  

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

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