Meta recently announced the number of users of social media platforms. The company stated the number of monthly active users of its platforms as 2 billion for Instagram, 2.96 billion for Facebook and 3.71 billion for WhatsApp. The fact that the instant messaging application WhatsApp reached this number also revealed the monetization plans of the company CEO, Mark Zuckerberg. Mark Zuckerberg wants to make money from the rapidly rising number of users of WhatsApp. So how will the CEO do this? Let’s take a look at the details of the news together.
Mark Zuckerberg says it’s early to monetize WhatsApp
Mark Zuckerberg wants to monetize the company with his investments in the metaverse for the past few months. However, with the emergence of the number of active users of WhatsApp in the third quarter reports of 2022, it is preparing to turn the route into an instant communication application.
“It will probably be the next pillar of our business,” Zuckerberg said in a statement for WhatsApp and Messenger. In other words, the CEO will use the high number of WhatsApp users to make money.
The famous CEO also stated that it is an early time to make money from two applications. Despite all these plans, Zuckerberg still does not give up on his investments for the metaverse world. But his latest statements are the biggest indication that the company will make changes in its strategies.
The firm’s Reality Labs department, which deals with metaverse development, lost $9.4 billion in 2022. “We predict Reality Labs operating losses in 2023 will increase significantly year-over-year,” Meta said in a statement. said. Additionally, we hope to accelerate Reality Labs investments for 2023 so that we can meet our long-term goal of increasing the company’s overall operating income.” made the statement.
What do you, our readers, think about this issue? What changes do you think Mark Zuckerberg can make on WhatsApp? You can express your views in the Comments section.
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