As part of efforts to dominate the market in mobile messaging services and web , Facebook acquired WhatsApp worth $ 16 billion .
WhatsApp is a cross- platform mobile messaging company that later grew rapidly . Total acquisitions reached $ 16 billion , with $ 4 billion payment in cash and USD 12 billion in the form of Facebook shares .
Currently , more than 450 million people use WhatsApp service each month . 70 percent of that amount , actively using it every day .
The magnitude of the number of messages that are created using this service approaching the magnitude of the total number of SMS ( short message service ) globally .
Growth continued to increase with an estimated 1 million new people signing up or registering to be a WhatsApp users every day
In a statement , Facebook called the acquisition is a manifestation of the mission along with Facebook and WhatsApp to improve connectivity in the world through the provision of basic services in an efficient and affordable Internet . This combination is expected to accelerate the growth and interaction for all users of the services of both companies .
" WhatsApp has paved the way to connect 1 billion people . Services capable of reaching achievement as it has an unusually high value , " said Mark Zuckerberg , founder and CEO of Facebook .
" I know January is long and I am very pleased to be partnering with him and his team to make the world more open and interconnected , " .
January Koum , founder and CEO of WhatsApp , said user interaction is very high and rapid growth of WhatsApp is a messaging capabilities thanks to a simple , powerful and instant of the services provided .
" We are very pleased and honored to partner with Mark and Facebook as an effort to continually provide our services to more people around the world . "
WhatsApp is a cross- platform mobile messaging company that later grew rapidly . Total acquisitions reached $ 16 billion , with $ 4 billion payment in cash and USD 12 billion in the form of Facebook shares .
Currently , more than 450 million people use WhatsApp service each month . 70 percent of that amount , actively using it every day .
The magnitude of the number of messages that are created using this service approaching the magnitude of the total number of SMS ( short message service ) globally .
Growth continued to increase with an estimated 1 million new people signing up or registering to be a WhatsApp users every day
In a statement , Facebook called the acquisition is a manifestation of the mission along with Facebook and WhatsApp to improve connectivity in the world through the provision of basic services in an efficient and affordable Internet . This combination is expected to accelerate the growth and interaction for all users of the services of both companies .
" WhatsApp has paved the way to connect 1 billion people . Services capable of reaching achievement as it has an unusually high value , " said Mark Zuckerberg , founder and CEO of Facebook .
" I know January is long and I am very pleased to be partnering with him and his team to make the world more open and interconnected , " .
January Koum , founder and CEO of WhatsApp , said user interaction is very high and rapid growth of WhatsApp is a messaging capabilities thanks to a simple , powerful and instant of the services provided .
" We are very pleased and honored to partner with Mark and Facebook as an effort to continually provide our services to more people around the world . "
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