WhatsApp Faces Major Loss Due To Sudden Exodus In January 2021
WhatsApp witnesses a major fall in downloads after issuing new privacy policies for their users. Have a look at how the move has affected them and their competitors.
Here is a look at the ZEE5 video with details related to the WhatsApp update and its competitors:
WhatsApp’s new privacy policies have left people sceptical about data safety and the repercussions are quite visible in the growth numbers. According to the video attached, WhatsApp saw a 35% drop in downloads between January 6 and January 10 after social media went ablaze with questions related to the new policies. Until January, WhatsApp downloads accounted to 2 million while after January 6, the data dropped to 1.3 million new downloads which is a significant fall for the tech giant. On the other hand, WhatsApp’s competitors like Signal and Telegram saw 2.3 million and 1.5 million downloads between January 6 and January 10 respectively.
Multiple factors could have triggered the sudden switch in applications amongst the netizens. One of the most-effective reasons has been a direct endorsement by famous personalities from different parts of the world. Elon Musk, Anand Mahindra, and Jack Dorsey, amongst others, promoted the use of alternative options to protect private data on the internet. In countries like Austria, India, Finland, Germany, Hong Kong, France, and Switzerland, Signal app’s download numbers shot up in the month of January.
WhatsApp’s parent company has also been heavily affected by the numbers at the stock market. Around $33.6 billion have been erased from Facebook’s market cap this year. They have been trying hard to explain the new policies and cover up the damage but the trust issues have already taken over the masses.
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