TechCrunch - Heads turned when Facebook forked out $19 billion for messaging service WhatsApp in February, and eyes popped when Facebook CEO Mark Zuckerberg said it was probably worth even more. Now, analysts over at Crédit Lyonnais Securities Asia have taken up the baton on outsized messaging app valuations: it says that WeChat, a Chinese competitor owned by Tencent, is worth “at least $60 billion,” because of the fact that it has more active revenues streams incorporated into its service than WhatsApp does.
WhatsApp introduces a breakthrough feature enabling iPhone users to share photos and videos in their original quality on the messaging platform.
WhatsApp, Meta's priciest acquisition at almost $20 billion in 2014, poses unique challenges for monetization.
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