WhatsApp sold to Facebook for $16 billion

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According to documents filed with SEC today, Facebook has purchased WhatsApp for $16 billion in cash and stock. As with the Instagram buyout WhatsApp will operate independently post acquisition. It is Facebook's hope that the deal will "accelerate Facebook’s ability to bring connectivity and utility to the world."

WhatsApp is on a path to connect 1 billion people. The services that reach that milestone are all incredibly valuable. WhatsApp will complement our existing chat and messaging services to provide new tools for our community.Facebook CEO Mark Zuckerberg


The service has over 450 million users access it each month according to statistics in their latest press release. The CEO is hopeful this move will allow his company to move forward as fast as possible.

Doing this will give WhatsApp the flexibility to grow and expand, while giving me, Brian, and the rest of our team more time to focus on building a communications service that’s as fast, affordable and personal as possible.WhatsApp co-founder and CEO Jan Koum


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"WhatsApp sold to Facebook for $16 billion" :: Login/Create an Account :: 96 comments

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EthicsPosted:

16 billion in cash would be fun to have. Quite a lot of trucks though.

Don't even know what i would buy first haha

DreamsPosted:

give it a few months and facebook will ruin this to lol

KendosaurPosted:

I can see Facebook ruining whatsapp if I'm honest....

DinePosted:

DJSLobbies i read this and froze , thats crazy, but t will go downhill ow that facebook own it.


Thats exactly what I was thinking.

AxePosted:

Thats crazy that facebook has that much money to throw around. Its also not the first thing that they have bought like this either.

-DanPosted:

i read this and froze , thats crazy, but t will go downhill ow that facebook own it.

D93xPosted:

Monster-Munch
Multitask
Heir Now another thing for Facebook to ruin.


yeah they are going to make changes that will ruin the app.


Yeah i thing whats app is amazing atm but facebook will make it 10x worse but id be amazed if they make it better.


Anyone that has WhatsApp but don't have facebook will have to have facebook to go on the app which is shit!

CutPosted:

16 Billion? Oh lawwd!!! Hopefully they do something cool with it.
But Line is better :D

LostPosted:

Hopefully they make it a lot nicer than the terrible facebook chat that's already in place.

AdamuPosted:

Multitask
Heir Now another thing for Facebook to ruin.


yeah they are going to make changes that will ruin the app.


Yeah i thing whats app is amazing atm but facebook will make it 10x worse but id be amazed if they make it better.


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