Facebook Acquires WhatsApp For $19 Billion

0
1305

Hot News: Facebook Acquires WhatsApp For $19 Billion

Advertisement:

Facebook announced that, it has acquired the rapidly growing cross-platform mobile messaging company “WhatsApp”, for a total of approximately $16 billion, including $4 billion in cash, approximately $12 billion worth of Facebook shares and an additional $3 billion in restricted stock units for the WhatsApp team over the next four years.

To be noted that WhatsApp supports over 450 million monthly active users worldwide and over 320 million daily active users. It surpassed 400 million users in the last December, as it’s currently adding more than 1 million new registered users per day.

WhatsApp will remain independent as a standalone application, without any changes. And WhatsApp assures that there will be no ads interrupting our communication.

Jan Koum, CEO of WhatsApp announces in his blog,

WhatsApp will remain autonomous and operate independently. You can continue to enjoy the service for a nominal fee. You can continue to use WhatsApp no matter where in the world you are, or what smartphone you’re using. And you can still count on absolutely no ads interrupting your communication. There would have been no partnership between our two companies if we had to compromise on the core principles that will always define our company, our vision and our product.

Mark Zuckerberg shared a status about the acquisition,

 

Do you think WhatsApp made a better decision or not? Share your views about the acquisition in the comment section.

 

SOURCE: Facebook News

Advertisement:

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.