Facebook has no near-time period plan
Facebook Inc (FACEBOOK.O: Quote), which closed its acquisition of cellular messaging carrier whatsapp on Monday, has no close to-time period plan to generate income from the carrier, Chief government Mark Zuckerberg said on Thursday.
Zuckerberg, who’s journeying India to participate in an experience to raise internet utilization, did not give small print.
Facebook’s closing whatsapp acquisition ticket has risen a further $three billion to roughly $22 billion as a result of the elevated value of Facebook’s stock in contemporary months.
Facebook has no near-term plan to monetise WhatsApp: Zuckerberg
Whatsapp works across various kinds of phones, across borders, and without promotion. The app handiest fees a 99 cent annual subscription fee, which is waived for the first year.
Previous in the day, Zuckerberg addressed the media at an event in New Delhi. He spoke at size about internet get right of entry to folks throughout the united states of America, particularly in rural areas. Zuckerberg introduced a $1 billion fund to motivate individuals to enhance apps in native languages with the intention to assist girls, farmers, students throughout the size and breadth of India.
Zuckerberg plans to discuss plans about getting the web to rural areas in India with PM Mode. Zuckerberg said he would talk over with the PM, how Facebook might be used to connect villages.