WhatsApp - sold to Facebook

Facebook is overtaking WhatsApp! It's news that stirred the people worldwide. The company that owns the most popular social network in the world is ready to pay for the popular messaging services a whopping $ 16 billion. Of course, the big players like Facebook don't pay this much money in cash, so the mix of payment methods is gonna mark one of the largest of transactions over the past few years.

WhatsApp is sold for $ 16 billion

An agreement that Facebook and WhatsApp achieved anticipate that Zuckerberg's company grants WhatsApp 183,865,778 Facebook shares of total $ 12 billion, while the remaining $ 4 billion will be paid in cash. When the job is finished Facebook is obligated to WhatsApp's founders and employees give a restricted 45,966,444 Facebook shares, which is about $ 3 billion (like $ 12 billion isn't enough, but that's the way it goes).

Facebook via WhatsApp - open and connected world

The founder of Facebook, regarding this transaction, said that "our obligation is to make the world more open and connected". The goal of Facebook is to offer a service to people around the world using every day in a simple way.

If you are wondering about why Facebook decided to take this step, the fact that WhatsApp has 450 million monthly active users, of which 70% is active on a daily basis speaks for itself. Also, the service gets millions of new users daily! One of the most interesting facts is that WhatsApp for five years from establishing has achieved a third of Facebook, primarily due to the popularity among young people and teenagers.

People from WhatsApp say that the service will not get the ads, which is very important for smooth and fast communication between million users worldwide.

Do you have any plans for some start up like WhatsApp?

Source: facebook.com