News Facebook buys messaging app WhatsApp for $19bn

Xen

Xen

EntMnt Ambassador
Official Info
Facebook-buys-whatsapp.jpg



Facebook has bought messaging app WhatsApp in a deal worth a total of $19bn (£11.4bn) in cash and shares.

It is the social networking giant's biggest acquisition to date.

WhatsApp has more than 450 million monthly users and is popular with people looking to avoid text messaging charges.

In a statement announcing the deal, Facebook founder Mark Zuckerberg described WhatsApp's services as "incredibly valuable".

WhatsApp allows users to send messages over internet connections, avoiding text messaging fees. The company claims it is currently registering one million new users a day.

It makes money by charging users a subscription fee of $1 per year, although it offers a free model as well.


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Vinay

Vinay

Frequent Flyer
I don't understand why facebook wanted to buy the whatsapp. I really liked whatsapp. Now I am not sure whether facebook keep it the same way or no.
 
IndianMascot

IndianMascot

Core Member
Facebook is now a Shark and shark always like to eliminate small fishes around it. Untill they eliminate most popular Standalone Messaging system, how could their messanger become popular.

I think still the deal is not completed. Hope it never complete.
 
Vinay

Vinay

Frequent Flyer
Yeah you are right IM bro, facebook is really a shark. I would be really happy if they just keep whatsapp as it is now. I would request facebook not to mess up all what wahtsaap has achieved till now.
 
Vinay

Vinay

Frequent Flyer
Yeah Technoglitch. But already facebook has access to it as we can already login with mobile no

Sent from my GT-I9300 using Tapatalk
 
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