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WhatsApp make billions of dollars but Meta wants it to make hundreds of billions. There's no way to appease the dragon.

by owebmaster 1y ago

xeromal 1y ago
Curious how whatsapp makes any money besides the handful of companies that use it as a customer support portal
- owebmaster 1y ago
  WhatsApp integrates into the rest of Meta ads machine so it distribute leads from facebook and instagram directly to whatsapp. It also makes money with spam.
  - phyrex 1y ago
    WhatsApp makes absolutely no money with spam. There isn't a per-message cost or however you think that would work
    - hermanzegerman 1y ago
      There absolutely is a per-conversation cost for marketing messages. https://business.whatsapp.com/products/platform-pricing?country=Germany&currency=Euro%20(EUR)&category=Marketing https://business.whatsapp.com/products/platform-pricing?coun... See also here >With marketing messages, you pay for each message that is delivered to a receiver you chose within five days of being sent. https://faq.whatsapp.com/178447635241069?cms_id=178447635241069&draft=false https://faq.whatsapp.com/178447635241069?cms_id=178447635241...
    - owebmaster 1y ago
      You are wrong.
- fnands 1y ago
  > handful of companies Go to India. Way more than just a handful of companies using it
- nathancahill 1y ago
  On a global level it's completely pervasive.
bachmeier 1y ago
How many of the people posting here that criticize this move are owners of Meta stock? The number is certainly above 50%, at least for those in the US, since most people with a retirement plan will own Meta in some form. It's the need to satisfy shareholders with new earnings.
- mikestew 1y ago
  So you’re blaming me because Fidelity bought some Meta for my 401K without me directly knowing?
  - bachmeier 1y ago
    Well, I'm saying we should be hesitant to immediately throw out blame for pursuing profit, because it's not just more money for Zuckerberg and other billionaires. If retirement funds were growing at 2%, the same people criticizing this decision would be looking for alternative investment vehicles.
- Coffeewine 1y ago
  What choice do we have? Indeed, I would rather prefer that the companies that comprise the broad market embrace some form of ESG ethos, but that's clearly out of vogue these days. I vote to that extent, but I'm a breathtakingly small portion of the vote when it comes to corporate governance.
  - account42 1y ago
    How would being actively discriminatory against a large part of the population help anything?
- owebmaster 1y ago
  That is not my case. If Meta had minted thousands of millionaires in my country I would have way less problems with them

WhatsApp make billions of dollars but Meta wants it to make hundreds of billions. There's no way to appease the dragon.

xeromal 1y ago

Curious how whatsapp makes any money besides the handful of companies that use it as a customer support portal

owebmaster 1y ago
WhatsApp integrates into the rest of Meta ads machine so it distribute leads from facebook and instagram directly to whatsapp. It also makes money with spam.
- phyrex 1y ago
  WhatsApp makes absolutely no money with spam. There isn't a per-message cost or however you think that would work
  - hermanzegerman 1y ago
    There absolutely is a per-conversation cost for marketing messages. https://business.whatsapp.com/products/platform-pricing?country=Germany&currency=Euro%20(EUR)&category=Marketing https://business.whatsapp.com/products/platform-pricing?coun... See also here >With marketing messages, you pay for each message that is delivered to a receiver you chose within five days of being sent. https://faq.whatsapp.com/178447635241069?cms_id=178447635241069&draft=false https://faq.whatsapp.com/178447635241069?cms_id=178447635241...
  - owebmaster 1y ago
    You are wrong.
fnands 1y ago
> handful of companies Go to India. Way more than just a handful of companies using it
nathancahill 1y ago
On a global level it's completely pervasive.

bachmeier 1y ago

How many of the people posting here that criticize this move are owners of Meta stock? The number is certainly above 50%, at least for those in the US, since most people with a retirement plan will own Meta in some form. It's the need to satisfy shareholders with new earnings.

mikestew 1y ago
So you’re blaming me because Fidelity bought some Meta for my 401K without me directly knowing?
- bachmeier 1y ago
  Well, I'm saying we should be hesitant to immediately throw out blame for pursuing profit, because it's not just more money for Zuckerberg and other billionaires. If retirement funds were growing at 2%, the same people criticizing this decision would be looking for alternative investment vehicles.
Coffeewine 1y ago
What choice do we have? Indeed, I would rather prefer that the companies that comprise the broad market embrace some form of ESG ethos, but that's clearly out of vogue these days. I vote to that extent, but I'm a breathtakingly small portion of the vote when it comes to corporate governance.
- account42 1y ago
  How would being actively discriminatory against a large part of the population help anything?
owebmaster 1y ago
That is not my case. If Meta had minted thousands of millionaires in my country I would have way less problems with them