• $
  • €
  • ₽
  • ₺
  • £

WhatsApp reaches a billion monthly users

WhatsApp reaches a billion monthly users
29.05.2020 07:37
Mobile messaging service WhatsApp is now used by a billion people every month, Facebook has reported.

The Facebook-owned app now outperforms the social network's own Messenger mobile app, which has 800 million monthly users.

The company said 42 billion messages and 250 million videos were sent over WhatsApp daily.

But one analyst said WhatsApp still trailed behind local competition in some key markets.

"There are big markets where WhatsApp isn't the dominant player," said Jack Kent, mobile analyst at IHS.

"WeChat in China has more than 500 million users, while Line is popular in Japan, and Kakao Talk is big in South Korea. But WhatsApp is certainly the most internationally successful.

"Part of that is down to its pure focus on communication, providing low cost chat that is very reliable.

"Other apps have focused on monetisation, games and stickers but WhatsApp's appeal is that it is light on monetisation and it has now dropped its small annual fee completely."

Facebook bought the mobile messaging app in 2014, in a deal worth $19bn (£11.4bn).

The usage data the platform generates for Facebook could help the company improve its targeted advertising, which is its core business model, said Mr Kent.

"Facebook had just started pushing people to its own standalone Messenger app, when it bought WhatsApp. But there was a risk it could have been acquired by a competitor and Facebook would lose millions of highly-engaged mobile users to a rival," he said.

"But WhatsApp still faces those challenges from domestic players who monetise their services very well. It remains a competitive area."

(BBC)

www.ann.az
Youtube
Go
Similar news
Similar news
Central Bank of Azerbaijan Releases Official Exchange Rates for October 23
Business 11:00
Central Bank of Azerbaijan Releases Official Exchange Rates for October 23
Natural Gas Futures Drop on New York Mercantile Exchange
Business 10:30
Natural Gas Futures Drop on New York Mercantile Exchange
Brent Climbs Above $113, WTI Tops $100
Business 10:00
Brent Climbs Above $113, WTI Tops $100
Abortion Rates in Azerbaijan Rise 21.9% in 2025, Statistics Committee Reports
Business 16:59
Abortion Rates in Azerbaijan Rise 21.9% in 2025, Statistics Committee Reports
Armenian Deputy PM Visits Syunik for Trump Route Infrastructure Planning
Business 14:30
Armenian Deputy PM Visits Syunik for Trump Route Infrastructure Planning
Azerbaijan Sets Target for Transition to Electric Stoves in Residential Buildings
Business 14:00
Azerbaijan Sets Target for Transition to Electric Stoves in Residential Buildings
Brent surges to $110.84, WTI reaches $98.64
Business 13:00
Brent surges to $110.84, WTI reaches $98.64
Azeri Light crude climbs to $119.70 per barrel
Business 12:30
Azeri Light crude climbs to $119.70 per barrel
Gold drops to $4,106 per ounce on COMEX
Business 12:00
Gold drops to $4,106 per ounce on COMEX
Anews TV

Our official Youtube channel

Subscribe