WhatsApp the best and most used app for free messaging, is estimated to have more than 450 million monthly active users. Facebook has just signed to buy WhatsApp for $19 Billion, which is a huge money and highest ever paid by Facebook.
The world’s biggest social networking company FACEBOOK said on Wednesday that it is paying $12 billion in Facebook stock and $4 billion in cash for WhatsApp.
In addition, the app’s founders and employees will be granted $3 billion in restricted stock that will vest over four years after the deal closes.
The main aim of it has been the fact that in developing countries such as INDIA, and many other countries, the effect of Facebook is not as much as the WhatsApp’s effect. So, they’ve planned to look over it and have been waiting for a long time looking for the perfect time to acquire.
Facebook said that, it’ll keep WhatsApp as a separate service as it did it with Instagram, which was bought by Facebook for $715.3 million. In comparison, WhatsApp has more than 450 million monthly active users, while Twitter had 241 million users at the end of 2013.Facebook also said that, the people using WhatsApp might just go to billions soon.
“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.“
On this occasion, what Mark zuckerberg said was
“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 forInternet.org, our partnership to make basic internet services affordable for everyone.“
Regarding the positive thing on jan, what zuck said was
“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.“
He also said there are 1 million people who are signing up whatsApp everyday, and said they’ll stay in mountain view and work hard on improvement.
Hope it’s a healthy buy to unite all the people on internet.