Combined with WhatsApp, Instagram and Facebook Messenger, the company has an aggregate user base of almost 7.4 billion, according to data from Statista, which is more than 92 per cent of the estimated global population. Meta has four of the world's 10 biggest social media platforms, with Facebook on top with more than 2.9 billion active users. It already has a number of paid features in its apps, but it has not been a priority to be expanded. Having paid services on Meta's platforms can potentially result in significantly higher profit, given the company's massive user base. Meta's unit in the UAE did not respond to requests for comment from The National. He declined to discuss the features being considered but these could include paid tiers - much like those Twitter and Snapchat owner Snap have launched - which will allow users to unlock additional functionalities. “I think we do see opportunities to build new types of products, features and experiences that people would be willing to pay for and be excited to pay for,” John Hegeman, vice president of monetisation and in charge of the new group, said in the report. Meta quarterly profit sinks 36% as it reports first revenue decline
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