Saturday, September 2, 2023

How India may help WhatsApp monetise chats

Meta, the company that owns WhatsApp, is looking to make the messaging app profitable by monetizing business conversations with customers. They plan to leverage WhatsApp's large consumer base in countries like India and Brazil, where businesses often use the platform to engage with customers. However, WhatsApp's revenue is expected to be less than 1% of Meta's total sales. https://ift.tt/AVmFEH2

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Samsung reports Q1 revenue up ~10% YoY to ~$53.4B and operating profit flat YoY at ~$4.5B, above ~$3.8B est., boosted by Galaxy S25 and legacy DRAM sales (Yoolim Lee/Bloomberg)

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