Facebook buys Whatsapp Messenger for $19 billion. Social network acquires best smartphone messaging platform
FACEBOOK pays $19 billion for the purchase of the worldwide popular messaging app WhatsApp.
According to the document, WHATSAPP has created a mobile messaging service which is used monthly by 450 million customers, of which 70% use it every day by sending a number of messages equivalent to the overall number of SMS-type messages. Furthermore about one million people join WhatsApp every day.
“WhatsApp is a way to connect a billion people. Services able to reach such figures are also incredibly valuable,” said Mark Zuckerberg, the creator and CEO of Facebook.
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Facebook purchased Instagram for 1 billion dollars back in 2012 due to identical motives: As young social network users are keen on photo-sharing, Facebook wished to get rid of something which might have probably become a serious rival.
Video: How to install WhatsApp on PC