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Facebook Buys Whatsapp. In february 2014, facebook purchased the messaging service whatsapp for $19 billion. Facebook purchased whatsapp in 2014.
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In many ways, facebook’s purchase of whatsapp is similar to its 2012 instagram acquisition.the $ 1 bn valuation invited criticism from investors of all classes at that time. “whatsapp is on a path to connect 1 billion people,” facebook’s ceo, mark zuckerberg , said in a statement. Founded by jan koum and brian acton in 2009, whatsapp is considered a fairytale startup as it already has millions of users in its five years of existence and the number is.
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Business insider founder and ceo henry blodget discusses the details of. At that point, it hadn't been confirmed whether the deal had gone through, and a lot of outlets were reporting that this was something in the works. Facebook buys whatsapp, which has 450 million users, for $19b in cash and stock. Facebook buys whatsapp most expensive deal , other big buys!!!
