SMSGupShup (India’s “Twitter”) Grows To 20 million Users, $150,000/month Revenue
techcrunch.com
techcrunch.com
But even if they are making 100% profit--an impossible amount--they are only making $2m a year. They'd be better off selling sandwiches.
me too. I'm still in colg and also working on an sms app. I've done my research and atleast among people I've met... Hackers, college crowd, oldies, etc I haven't seen this get popular.
And as @aak said, this isn't a Twitter competitor at all. It's a Group SMS service (ya the one to which we like to send "good morning" every evening).