It's been nearly a decade since Mark Zuckerberg, the founder of Facebook, now rebranded Meta Platforms, Inc (NASDAQ: META), revealed the $19 billion deal to acquire the popular messaging app WhatsApp, known for its small-scale business operations.
Since then, WhatsApp has steadily expanded its user base, boasting over 2 billion people relying on the app for communication, as CNBC reports.
Unlike Instagram, WhatsApp does not feature advertisements, an essential aspect of Zuckerberg's primary business model.
Zuckerberg consistently highlights the app's potential and its ability to expand. During a recent earnings call, he emphasized the Full story available on Benzinga.com