Facebook acquires Whatsapp for $19bn

Why would Facebook CEO Mark Zuckerberg pay a total of $19 billion for Whatsapp? A service which cost us app users only R7.99 for a 12 month subscription. A Deal which went down with over $16 billion of Facebook shares and another $3 billion in cash.

For a tech start-up company in Silicon Valley, which only at the time employed 50 staff, from as little of 5 years from conception in 2009 now has over 450 million active users. Which as from the words of Facebook CEO, has been the fastest growing social service, which has capitalized on the user being able to send instant messages without the telecom expense.

This is another big acquisition for Mark Zuckerberg and his Facebook team, after adding Instagram (Acquired in 2012 for $1 billion dollars) and now Whatspp. Who just be running the socail media turf?

Facebook, Whatsapp, Acquisition, $19 Billion Deal, Mark Zuckerberg

The $19 Billion Deal


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s