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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