According to the report, the co-founder Brian Action of WhatsApp is leaving the Facebook-owned Messenger app to start his own non-profit business.
WhatsApp messaging service has grown into one of the biggest platforms in the world with 1.3 billion users worldwide and over one billion daily active users. Although, the same service app is not active in some countries but has literally grown exponentially in Brazil, Mexico, Russia and India.
For the unknown, WhatsApp was acquired by Facebook in 2014 for a $19 billion in a cash and stock deal. The social media giant has not yet commented on Action’s departure.
This is what Action announced the decision on Facebook, obviously:
After 8 years at WhatsApp, I have decided to move on and start a new chapter in my life.
I am very fortunate at my age to have the flexibility to take new risks and focus on what I’m passionate about. I’ve decided to start a non-profit focused at the intersection of nonprofit, technology and communications. It’s something I’ve thought about for a while, and now it’s time to just focus and execute. I’ll have more to share in the coming months.
This decision is, of course, a tough one. I’m proud of what our team has accomplished in only a few years, and it’s humbling to see that so many people rely on WhatsApp every day.
Today however, WhatsApp is the world’s most-used messaging app with over one billion monthly users. That’s more than double the 450 million it had at the date of the acquisition. Since then, the company has began to make moves to monetize the service.
WhatsApp is also adding business profiles to let users connect with companies through the app and it has strongly been linked with enabling payments. In fact, initially in India which is its largest market based on users are using WhatsApp for online payments.