Facebook acquired these guys for the record-breaking $19 billion! Of that sum, $16 billion will come in cash and shares, and an addition $3 billion in restricted stock.
One would wonder why +WhatsApp is worth that much so here's the maths: WhatsApp has 450 million users (compared to Facebook Messenger’s approximately 53 million), while adding 1 million new users per day. Even more impressive, 70% of WhatsApp users are active every day - You probably will be hitting app just after reading this post. that's what Facebook saw.
"WhatsApp can connect one billion people. Services that get to that point are incredibly valuable. I know Jan (co-founder and CEO of Whatsapp) long and I am excited to partner with him and his team to make the world more open and connected place." Mark Zuckerberg.
“WhatsApp’s extremely high user engagement and rapid growth are driven by the simple, powerful and instantaneous messaging capabilities we provide” said Jan Koum, +WhatsApp co-founder and CEO said, “We’re excited and honored to partner with Mark and Facebook as we continue to bring our product to more people around the world.”
No, the name will not change from +WhatsApp to WhatsBook and whatever name you are anticipating as the deal is similar to that of +Instagram.
$19M, Chineke!
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