Was Facebook acquisition of WhatsApp successful?

With so much cash thrown around in Silicon Valley, it’s not easy for an acquisition to cause a stir. Facebook’s (FB) acquisition of WhatsApp in 2014 did just that—surpassing Google’s $3.2 billion purchase of Nest Labs and Apple’s $3 billion Beats Electronics procurement—to become one of the largest tech buys of all …

Is it true that WhatsApp has been sold to Mark Zuckerberg?

WhatsApp is Facebook’s largest-ever acquisition. The social networking giant will pay $4 billion in cash and $12 billion worth of shares for WhatsApp. But the ultimate cost of the deal is $19 billion, with WhatsApp employees and founders receiving an additional $3 billion in restricted stock units of Facebook.

Why WhatsApp is worth 19 billion?

They are extremely active, sending more than 600 million photos a day — more photos than Facebook (FB) users upload. By way of comparison, 62\% of Facebook users are active daily. People around the world send 19 billion WhatsApp messages per day, including 200 million voice messages and 100 million videos.

Has WhatsApp been sold in 2021?

WhatsApp Messenger, or simply WhatsApp, is an American freeware, cross-platform centralized instant messaging (IM) and voice-over-IP (VoIP) service owned by Meta Platforms….WhatsApp.

iOS	2.21.170 / 30 August 2021
Android	2.21.16.20 / 18 August 2021
Windows	2.2132.6 / 24 August 2021
macOS	2.2132.6 / 23 August 2021

Who sold WhatsApp to Facebook?

When Koum sold the company to Facebook, WhatsApp had 450 million users and just 55 employees. Its only source of revenue was a $1 annual subscription fee. As part of the deal, Koum got a seat on Facebook’s board and a pledge from Zuckerberg that the company could continue to operate independently, free from ads.

Does Facebook own WhatsApp?

Facebook acquired Whatsapp for a deal worth $19bn (£13.9bn) back in 2014. WhatApp was founded in 2009 by former Yahoo! employees Brian Acton and Jan Koum.