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> 3/ More asian penetration into the US market will come from the messenger sector as both Line and WeChat make strong moves to gain a share of the lucrative US
by zevyoura 12y ago
> 3/ More asian penetration into the US market will come from the messenger sector as both Line and WeChat make strong moves to gain a share of the lucrative US messenger market
I get that it's very hot right now, but is the US messenger market actually lucrative? Who is making significant money from it? My understanding is the leader in the sector as far as revenue goes is WhatsApp, which last I heard was on track for ~30M in 2014[0]; doesn't seem like enough of an incentive for a bunch of Chinese players to enter the market aggressively.
[0] http://techcrunch.com/2014/10/28/whatsapp-revenue/ http://techcrunch.com/2014/10/28/whatsapp-revenue/
- 2pasc 12y agoFirst of all - nobody has been serious about monetizing messaging yet in the US apart from Tango. Kik, Snapchat and FB Messenger have barely started doing anything. Second of all, I think that there is some kind of hope from Fred Wilson (who is an investor in Kik) that one of the Asian player buys Kik so that he has a big exit there. I doubt he other thoughts than that: WeChat has spent millions of $ trying to get users in the US without much traction to show for it...
- sanxiyn 12y agoLine's revenue in 2014 was ~600M, which is 20x higher than WhatsApp. http://techcrunch.com/2014/10/29/chat-app-lines-revenue-doubles-year-on-year-to-reach-192-million-in-q3-2014/ http://techcrunch.com/2014/10/29/chat-app-lines-revenue-doub...