After starting WhatsApp Business to generate new revenue streams, Facebook has now entered hosting services, announcing one of its own taking on fellow competitors Wix and GoDaddy.
According to reports, the new hosting services will attract interests from small and medium firms in post-COVID economy.
The details regarding these services are yet to be revealed by the company but if the reports are to be true, it will be made available in coming months.
According to Facebook, businesses will be offered these services for free. Facebook’s vast experience in running online platforms, coupled with its vast collection of data centers, means an attractive option for firms looking for a new hosting provider.
On October 16, the tech giants had announced shopping and Facebook hosting services, which streamlined a process wherein customers were able to purchases products from businesses on a platform called Facebook Shops.
Facebook shops were launched with an expectation to re-boot e-commerce infrastructure using a messenger app and support businesses big and small worldwide.
However, the initiative which enables purchases directly from a WhatsApp chat, will not be free of cost.
Recently, Facebook Inc announced that it is planning to charge all business and hosting services. Apparently, the scheme was launched to improve revenue streams from WhatsApp which it acquired in 2014 for $19 billion.
Facebook Shops will allow businesses of all sizes to set up an integrated online storefront for customers on both Facebook and Instagram.
Meanwhile, the hosting services aims to use the cloud computing offering firms, who use its customer service messaging tools, the ability to store WhatsApp messages on Facebook servers.