Whatsapp Revenue Model Quora
Method 1 helps whatsapp to make money.
Whatsapp revenue model quora. Whatsapp allows it s user to enjoy the services for free for first year. Although the company initially had no revenue model it now makes money through advertisements that are integrated within the questions and answers. But till date i have not heard o. Even the answer to how does whatsapp make money changed after the acquisition.
Now the stats of whatsapp users is growing immensely and here is a graph of whatsapp users in millions from the 1st quarter of 2017 to the 1st quarter of 2019 according to statista. But back then they needed revenue and came with this system of whatsapp business which was paid but now it s free for iphone and android users. Nevertheless its valuation kept on increasing and quora was valued at around 1 8 billion after its series d funding of 85 million. Quora provides a platform where users like you and me can ask a question or answer questions asked by others.
After the acquisition facebook introduced some really strategic plans for whatsapp s revenue model. Started in 2009 quora initially had no revenue earning source and actually survived on the venture capital it raised in the 4 rounds of fundings. But while talking about the figures it was estimated by forbes that at the rate of 0 5 arpu average revenue per user the revenue will reach 112 million in 2018 and by 2019 it will reach 150 million. Purchased whatsapp in february 2014 for 19 billion and according to the 2014 facebook form 10 q in the nine months preceding sept 30 2014 whatsapp generated revenue of 1 289 000.
According to facebook s 2014 form 10 q in the nine months prior to september 30 2014 whatsapp had generated a paltry revenue of 1 28 million but that was way back when whatsapp was charging users 1 per year fee. Nobody knows how much revenue exactly whatsapp generates except facebook because the parent company does not share the revenue breakdown of the different products it operates. Quora is the world s most popular question and answer website. Whatsapp s revenue model facebook s strategy facebook acquired whatsapp in 2014 for 19 billion and this opened many new doors for the application.
However after that it charges 0 99 for continued service. Quora s inception and growth based in palo alto. Currently quora s major concern is not revenue but focused more on building a strong product.