Monday, January 18, 2016

Whatsapp is eliminating the annual fee – “does not work well” – Business Week

Whatsapp bought by Facebook for $ 19 billion is eliminating the annual fee of $ 1. It just does not work, says the managing director who is now exploring other revenue earning opportunities.

messaging service WhatsApp, which was acquired by Facebook in February 2014 19 billion dollars, will remove the annual subscription cost. It stated the company’s CEO Jan Koum at a conference in Munich on Monday, writes Recode.

“It actually works not very good, said Koum the charge about a dollar per year that it costs to use app . Even if the cost is not high, it means that for many a barrier. In addition, there is a barrier by requiring a credit card to pay it. “

Until now, the app was free for the first year, for then to be sold annually. Something that now, with immediate effect will cease even if, in Koum will take a few weeks before the apps updated.

It is not yet clear how the new business model will look like, more than that the company will explore possibilities for how companies can connect with individuals. The goal, however, to prevent both spam as unsolicited advertising. The changes must WhatsApp to increasingly resembling Facebook Messenger for users including to communicate with the company and order a taxi by Uber.

READ ALSO: Mayor who ruled their city via Whatsapp called

LikeTweet

No comments:

Post a Comment