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How do Facebook and WhatsApp make money?
Every social media app that you use every day bombards you with advertisements. Services like Facebook, Instagram, Twitter, Snapchat and others, gain significant revenue from advertisements alone in exchange for keeping the apps free to use.
How does WhatsApp generate money?
Whatsapp is earning its revenue through two different ways: 1) Subscription Fee: Whatsapp allows it’s user to enjoy the services for free for first year. However, after that it charges $0.99 for continued service. All the conversations on Whatsapp are backed up on Whatsapp servers constantly.
How is WhatsApp free?
There are no fees to sign up, and no data plan allowances to worry about. While WhatsApp is similar to other messaging services like iMessage or Messages by Google, it still offers a few key advantages, the most significant being cross-platform functionality (between Android and iOS, for example).
How much did Facebook pay for WhatsApp?
WhatsApp Acquisition When Facebook announced its plans to acquire WhatsApp in February 2014, WhatsApp’s founders attached a purchase price of $16 billion: $4 billion in cash and $12 billion remaining in Facebook shares. 3 This price tag is dwarfed by the actual price Facebook paid: $21.8 billion.
How much is WhatsApp worth?
WhatsApp’s net worth is nearly 25 billion. This shows that they are equal in net worth. But Whatsapp has a 7-times larger user base than SnapChat. So, how has SnapChat raised its net worth to the same as WhatsApp’s?
Who is the creator of WhatsApp?
WhatsApp was founded by Jan Koum and Brian Acton who had previously spent 20 years combined at Yahoo. WhatsApp joined Facebook in 2014, but continues to operate as a separate app with a laser focus on building a messaging service that works fast and reliably anywhere in the world.
How does Facebook make money?
Facebook Uses Your Personal Data Yes,it does. Facebook indeed uses your personal data to make cash.