Owned by tencent, biggest internet provider in china. Naspers big shareholder of tencent.
If tencent is behind it then the answer is "they don't". They're big enough to run losses non-stop in order to gain market share.
No market share as in many people using your communication network."Gain market share..." For what exactly? Sale of emoticons?
How do they make money? There is no advertising on the app.
Whatsapp doesn't advertise.
How does watsapp make money and who owns it?
Whatsapp has a subscription fee.
Which I don't think anyone pays. I certainly don't know anyone. It just keeps on extending the deadline
Its not free in the Apple app store.
WeChat is Naspers and most of the media we consume is owned by them.
Naspers have their fingers in many pies. Very wary of them.
No but they have a 34% stake in the company and the WeChat SA managing director, Brett Loubser, is a Naspers employee...It's owned by the Chinese company Tencent. Not Naspers.
Didn't see that. Powerful reason to steer well clear.Anyone seen the survivor and big brother channels built into wechat?