A decade and $22 billion later, Meta's big bet on messaging is finally starting to pay off
Portfolio Pulse from
Meta's $22 billion acquisition of WhatsApp a decade ago is beginning to show signs of profitability, indicating a positive shift for the company.
November 07, 2024 | 10:15 am
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POSITIVE IMPACT
Meta's acquisition of WhatsApp for $22 billion is starting to pay off, suggesting a positive impact on Meta's business outlook.
The news highlights that Meta's long-term investment in WhatsApp is beginning to generate returns, which is a positive development for the company. This could lead to increased investor confidence and a potential rise in stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100