In 2014, WhatsApp was acquired by Mark Zuckerberg’s company Meta. This was a deal worth $ 19 billion between the former owners of Meta and WhatsApp. But even after a long period of more than half a decade, WhatsApp has not yet come in profit.
in the year 2014 Mark Zuckerberg company of meta acquired WhatsApp. This was a deal worth $ 19 billion between the former owners of Meta and WhatsApp. This deal is considered one of the biggest and most expensive deals in tech history. But even after a long period of more than half a decade, WhatsApp has not yet come in profit. In the company’s recent report, Meta has suffered a loss in a quarter for the first time in history. In such a situation, it may be that the company may decide to sell its messaging app company.
WhatsApp is the number one messaging app with 600 million users all over the world. Despite having the largest userbase in the world, WhatsApp has failed to make profits. Meta does not want to make profits without affecting the user base of WhatsApp. It has been revealed in the quarter report that there has been a decline in the total revenue of Meta. This may prove to be a difficult time for Mark Zuckerberg as an app like WhatsApp is doing good business with WeChat with very few subscribers.
Meta earnings fall
For Mark Zuckerberg, the matter of concern is not just WhatsApp, but for the first time in history, the company’s profits have seen a decline compared to the previous year. Meta’s total earnings have already come down to $28.8 billion. It is being feared that in the coming time, there may be a further decline in this earnings. The company’s total earnings can reach 20 thousand rupees in the third quarter.
How will WhatsApp make money?
The company may have to work hard to make WhatsApp profitable. Like Telegram, the company may demand a subscription charge for some premium features. By doing this, the company can earn through its premium users. If the company does not charge for premium features, then there will be no other move than selling it.