Facebook is Buying WhatsApp for $19 Billion


Facebook is buying WhatsApp, one of the most popular messaging services in the world, for $19 billion in cash and stock (to be more precise, $16 billion in cash and stock, plus $3 billion more for WhatsApp employees).

That is a lot of money, eclipsing the $1 billion it paid for Instagram. The purchase of Instagram, which has around 30 million users, was considered overvalued by many at the time. WhatsApp has a reported 450 million users. Some are speculating that this is a reaction to Rakuten’s recent purchase of Viber.

According to Mark Zuckerberg:

“WhatsApp will complement our existing chat and messaging services to provide new tools for our community. Since WhatsApp and (Facebook) Messenger serve such different and important users, we will continue investing in both.”

WhatsApp will remain a separate product, keeping its brand and service, with no unnecessary Facebook integration or ads.

Source Android PoliceReuters

Bryan is a geek at heart and a tech enthusiast by choice. He has a strong background in corporate communications, marketing services, and customer relations having worked in the telecommunications and banking sectors for over two decades. In his spare time, he enjoys watching clips on YouTube and binge watching shows on Netflix.


  1. Roy Sarmiento Reply

    not to mention the acquisition of Japanese company of Viber for only $900M…

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