The Facebook-WhatsApp Affair

Published: Mar 7, 2014 06:43:39 AM IST
Updated: Apr 3, 2014 04:44:24 PM IST
The Facebook-WhatsApp Affair
Image: Getty Images
Facebook’s 29-year-old billionaire CEO Mark Zuckerberg arrives on the opening day of the Mobile World Congress in Barcelona, on February 24, 2014. Fresh from a $19-billion stock-and-cash purchase of mobile messaging service WhatsApp, Facebook said it will launch free voice calls by mid-year

450,000,000 is the number of monthly active users WhatsApp has worldwide, which means Facebook paid $42 per user to acquire the tech startup. According to The Guardian, when the deal closes, Facebook will own four of the world’s most popular smartphone apps: Facebook itself, Instagram, WhatsApp and Facebook Messenger.

(This story appears in the 21 March, 2014 issue of Forbes India. You can buy our tablet version from Magzter.com. To visit our Archives, click here.)

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