What is unusual (or brilliant, depending how this turns out) is the reason why Facebook bought the service - which has more than 600 million monthly active users today. Even then, the company’s operating at about a $40 million loss, which isn’t unusual for a startup. It should be noted a big part of that loss, about $98.8 million, comes in the form of stock-based compensation. WhatsApp was far from profitable when Facebook shelled out roughly $19 billion for the messaging app in February, according to new SEC filings.Īccording to the documents, WhatsApp reported just over $10 million in revenue in 2013, and a total net loss of $138 million for the year.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |