Facebook, the popular social network in the world is going to buy WhatsApp messaging application for whooping $19 Billion! Yes, you heard it right. On this Wednesday, Mark Zuckerberg, CEO and Founder of Facebook posted about the acquisition of WhatsApp for $19 Billion. The news gone viral on the internet and many tech giants was shocked to hear this news. It was first biggest tech acquisition. Before this Facebook bought Instagram for almost $1 Billion which is really very less than WhatsApp. Facebook declared that they will buy WhatsApp for $19 Billion in cash and stocks. The deal is estimated roughly 9 per cent of the total Facebook market value! Let us see some amazing facts and figures about this deal and WhatsApp messaging app. Have a look.
WhatsApp is a popular messaging mobile application used by many people around the globe. Almost million people join WhatsApp daily. There are many features which made this application so popular in the android and iOs market. Then it gone cross platform and it can be seen in almost all smartphones. Some smartphones have this app pre-installed. The company started with just thousands of dollars and now it is valued at $19 billion! What a great success they achieved in the short span of time. Mark Zuckerberg, as he says he want to make this world more open and connected, buys WhatsApp for the same reason. He says he will not do any modifications in WhatsApp working or UI. WhatsApp and its team, 55 in all will work independently with Facebook as Instagram does.
Mark Zuckerberg also added that WhatsApp and Facebook will build awesome technologies for mobile users and this can make the world more connected. Currently WhatsApp has almost 450 million users around the globe, more than 1 billion people sign up for its services and the number is increasing day by day. Due to its simplicity and fast messaging service it gone viral among youngsters as well as other age groups. Let us see what Facebook owner Mark Zuckerberg posted on his timeline about the acquisition of one of the top mobile applications.
I’m excited to announce that we’ve agreed to acquire WhatsApp and that their entire team will be joining us at Facebook.
Our mission is to make the world more open and connected. We do this by building services that help people share any type of content with any group of people they want. WhatsApp will help us do this by continuing to develop a service that people around the world love to use every day.
WhatsApp is a simple, fast and reliable mobile messaging service that is used by over 450 million people on every major mobile platform. More than 1 million people sign up for WhatsApp every day and it is on its way to connecting one billion people. More and more people rely on WhatsApp to communicate with all of their contacts every day.
WhatsApp will continue to operate independently within Facebook. The product roadmap will remain unchanged and the team is going to stay in Mountain View. Over the next few years, we’re going to work hard to help WhatsApp grow and connect the whole world. We also expect that WhatsApp will add to our efforts for Internet.org, our partnership to make basic internet services affordable for everyone.
WhatsApp will complement our existing chat and messaging services to provide new tools for our community. Facebook Messenger is widely used for chatting with your Facebook friends, and WhatsApp for communicating with all of your contacts and small groups of people. Since WhatsApp and Messenger serve such different and important uses, we will continue investing in both and making them each great products for everyone.
WhatsApp had every option in the world, so I’m thrilled that they chose to work with us. I’m looking forward to what Facebook and WhatsApp can do together, and to developing great new mobile services that give people even more options for connecting.
I’ve also known Jan for a long time, and I know that we both share the vision of making the world more open and connected. I’m particularly happy that Jan has agreed to join the Facebook board and partner with me to shape Facebook’s future as well as WhatsApp’s.
Jan and the WhatsApp team have done some amazing work to connect almost half a billion people. I can’t wait for them to join Facebook and help us connect the rest of the world.
WhatsApp really proved that it is the best of all instant messaging services. Jan Koum and Brain Acton, Founders and developers of WhatsApp became overnight billionaires now. Before this the days were not so simple for them. Brain Acton, who was willing to work with companies like Facebook and Twitter had rejected from both these companies. On the other hands Jan Koum used to queue up for free food stamps! And now because of their hard work their product is valued at $19 Billion.
Overall it was a great acquisition and now we can expect something big from WhatsApp. May be it will be free after some time same as Facebook. As I said, the functioning of the app will remain same and Facebook will help WhatsApp to connect more people around the globe.
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