Whats Up in WhatsApp?
What is this?
Whatsapp, the messaging app under its parent company Facebook has reached 900 million monthly user mark. This means that it has grown 50 % since last year and has gained 100 million users since April. This is one milestone that will surely make its investors ecstatic. Marc Zuckerberg has spent $22 billion on acquiring the app back in 2014.
Why is this important?
This will surely have a great impact in the mobile app business because of its large number of users. This will prompt investors to be wiser in their investing tactics. This also is an example on how lucrative mobile messaging apps are. This will empower start-up founders to come up with more interesting concepts to pique the minds of like-minded people.