WhatsApp to Increase Revenue; Launches Premium Features for Businesses

Meta will also open access to businesses and developers looking to build more advanced chat features


Teckwai Saw

20 May, 2022

WhatsApp to Increase Revenue; Launches Premium Features for Businesses | BEAMSTART News

Chief executive officer of Meta (formerly known as Facebook), Mark Zuckerberg announced that WhatsApp is introducing free cloud-based API services to get more businesses to use the app at Conversations, the company’s first global messaging event on Thursday.

Before the major update, businesses had to use a third-party provider to build customised solutions on the WhatsApp Business Platform.

The newly launched WhatsApp Cloud API utlises Meta’s secure hosting infrastructure, thus eliminating the cost of server expenses for both solutions providers and companies that engage them.

Community Q&A

Key Highlights

  • Zuckerberg mentioned that any businesses and developers looking to build more advanced chat features such as verified accounts and custom notifications can easily do so via Meta's APIs.
  • On top of that, WhatsApp is planning to offer optional paid features as part of a new premium service for users on the WhatsApp Business app, which is targeted at small businesses.
  • The new premium features, which are still being developed, will include custom URL links that businesses can post on their websites and share with customers and the option to manage chats on up to 10 devices.
  • Meta also stated that businesses would not be able to message people on WhatsApp unless they have requested to be contacted.
  • It is reported that more than a billion users connect with a business account each week across Meta’s messaging services; WhatsApp, Messenger, and Instagram.
  • In 2014, Meta acquired WhatsApp for US$19 billion in one of the largest tech deals.

Already a member?

Sign in to read this article & enjoy the following:

  • Access to members-onnly content, events, and more
  • Connect with a global community of CEOs, Business Owners, and more.
  • Free Business Feature & Profile Listing
  • Post Unlimited Jobs & Hire Talent Effectively
  • Connect with Investors and Fundraise
  • Search through entire members, companies, and investors directory
  • and lots more!

Latest Jobs

Software Engineer (Backend/AI)

Raven

Karnataka,

Full Time

USD 2000000 — USD 4500000 yearly

Recruiter

DianaHR

California,

Full Time

USD 90000 — USD 110000 yearly

Founding Product Manager

Argon AI, Inc.

New York,

Full Time

USD 120000 — USD 200000 yearly

Machine Learning Intern

Morph

California,

Internship

USD 6000 — USD 10000 yearly

Forward Deployed Software Engineer

Simple AI

California,

Full Time

USD 100000 — USD 140000 yearly

Customer Success Manager

Storylane

Full Time

USD 50000 — USD 120000 yearly

Founding Senior BDR in SF

Hyperbound

California,

Full Time

USD 120000 yearly

Founding Software Engineer

Waypoint Transit

California,

Full Time

USD 120000 — USD 170000 yearly

AI Forward Deployed Engineer - Member of Technical Staff

Harper

California,

Full Time

USD 140000 — USD 230000 yearly

BEAMSTART is a hub for everything Startups, Entrepreneurship, and Innovation. Connect with a global community of people, and stay updated with the latest startup jobs, news, and discussions.

 
© 2016 - 2025 BEAMSTART. All Rights Reserved (Legal).