What is WhatsApp’s net worth? How does WhatsApp make its money? Below is the current net worth of WhatsApp and how WhatsApp makes its money.
What is WhatsApp’s Net Worth?
Whatsapp is an American business Meta platform with a net worth of $86.15 billion. it is a unified, cross-platform, freeware online chatting and voice-over-IP service that is accessible worldwide (previously Facebook).
It allows individuals to share photographs, files, user locations, and other information in addition to text and voice messages, phone conversations, and video calls. The client application for WhatsApp is available on PCs and works on portable devices.
To sign up for the service, you must have a mobile phone number. WhatsApp developed a separate business app called WhatsApp Business in January 2018 that can interact with the main WhatsApp client.
WhatsApp Inc. in Mountain View, California, which was purchased by Facebook in February 2014 for roughly US$19.3 billion, was the company that developed the client software. By 2015, it had overtaken other messaging apps as the most widely used one, and by February 2020, there were more than 2 billion users globally.
Latin America, the Indian subcontinent, as well as a sizable portion of Europe and Africa, used it as their major method of Internet connection by the year 2016. Previous workers of Yahoo! who later launched WhatsApp include Brian Acton and Jan Koum. The usage of it as a chat app was not at first envisioned.
After purchasing an iPhone in January 2009, Koum and Acton were eager to enter the rapidly growing, multi-million dollar app market that had been sparked by the Apple App Store. Jan Koum came up with the concept for an app that would show statuses for each person in your contact list, providing real-time information about each person.
At Alex Fishman, a friend of Koum’s from Russia, who lives in West San Jose, they frequently had chats. They understood they would require an iPhone programmer to explore the concept further. Igor Solomennikov was introduced to Koum by Fishman after the latter visited RentACoder.com and discovered the Russian programmer.
WhatsApp was given that name by Koum to make it sound like “what’s up.” He established WhatsApp Inc. in California on February 24th, 2009. Koum thought about giving up and seeking a new career, but earlier versions of WhatsApp kept crashing. Acton urged him to hold off for “a couple more months.” WhatsApp stated in a blog post from December 2013 that the service has 400 million active users.
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