To be fair, it takes time to grow a company, even one with 500 million users. WhatsApp lost about $138 million in 2013.
Albert Gea / Reuters
It takes money to make money — and that is definitely still the case with WhatsApp, a messaging company that Facebook bought for $19 billion earlier this year.
The company posted a loss of about $138 million in 2013, according to financial documents Facebook released today as part of its third-quarter earnings. It brought in about $10.2 million in revenue.
SEC
Its numbers for the first half of 2014 also show increasing losses, with the company losing $232 million.
via IFTTT
No comments:
Post a Comment