Zuckerberg says WhatsApp business chat will drive sales sooner than metaverse

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Zuckerberg says WhatsApp business chat will drive sales sooner than metaverse
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Meta Platforms Inc Chief Executive Mark Zuckerberg told employees on Thursday that WhatsApp and Messenger would drive the company's next wave of sales growth, as he sought to assuage concerns about Meta's finances after its first mass layoffs.

Facebook CEO Mark Zuckerberg testifies during a remote video hearing held by subcommittees of the U.S. House of Representatives Energy and Commerce Committee on "Social Media's Role in Promoting Extremism and Misinformation" in Washington, U.S., March 25, 2021. U.S.

Meta enables some consumers to speak and transact with merchants through the chat apps, including a new feature announced Thursday in Brazil.The company did not immediately respond to a request for comment on Thursday's internal forum. In his remarks to employees, Zuckerberg played down how much the company was spending in Reality Labs, the unit responsible for its metaverse investments.

"This is in some ways is the most challenging work ... but I also think it's the most valuable potential part of the work over time," he said.

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