When Facebook closed on its purchase of WhatsApp in October of 2014, because of the appreciation in the price of Facebook's shares which were used to buy the messaging app. Even a transaction paid for with stock needs to be accounted for at the end of the day and last May Facebook announced that . Even though the messaging platform has 1.6 billion users, it has yet to make any money for Facebook. A 99 cent annual subscription fee that WhatsApp used to collect was removed from the app after it was acquired by Facebook.
The Stories-like WhatsApp Status feature was ...
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from PhoneArena https://ift.tt/2u3zONQ
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