$FB - Facebook raised eyebrows on the $19B price for Whatsapp. But other messaging apps are out there competing for eyeballs, too.
"…Line is a contender—along with the U.S.'s WhatsApp and China's WeChat—in a global struggle to dominate smartphones."
I think Whatsapp is helped out by $FB money and social media dominance, but other companies could come along and decide to back one of these other messaging apps to get in the ballgame.
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Messaging App Line Gains Traction Abroad
Eric Pfanner
The Wall Street Journal. - The Wall Street Journal. - Tuesday, April 22, 2014
Japan-based Line generates more revenue than rivals WhatsApp and WeChat combined, as the three messaging apps battle for the top spot on phones world-wide.
If you have Windows 8, open this in The Wall Street Journal.
Sent from Surface Pro