WhatsApp was not left untouched by the way. If you are not targeting entreprise customers, what really makes money in the messaging world is payments and WhatsApp is moving hard into this market. It's just doing so in India.
WhatsApp was not left untouched by the way. If you are not targeting entreprise customers, what really makes money in the messaging world is payments and WhatsApp is moving hard into this market. It's just doing so in India.
2 billion of low-value users; FB users are accounted at $150 a head; out of 2 billion users it's account for, only ~100 million would part with a $1 / month to use the application - less that $12 a year per paying user. WhatsApp doesn't have any other monetisation strategy, there are no ads, and the markets they are in are extremely sensitive to fees for payments, for example.
> It's just doing so in India.
Everybody is doing so in India thanks to UPI. Google Pay, virtually unseen outside Tap and Pay in other markets, has 35% percent of the market in India - Whatsapp has a high 0.27% percent of the market in Sept 2021, up from 0.01% previously. https://www.moneycontrol.com/news/business/upi-top-3-retain-...
India payments competition is ruthless thanks to low barriers of entry.