The services that reach that milestone are all incredibly valuable,” said Mark Zuckerberg, Facebook founder and CEO. “WhatsApp is on a path to connect 1 billion people. The combination will help accelerate growth and user engagement across both companies.
The acquisition supports Facebook and WhatsApp’s shared mission to bring more connectivity and utility to the world by delivering core internet services efficiently and affordably. Continued strong growth, currently adding more than 1 million new registered users per day.Messaging volume approaching the entire global telecom SMS volume and.70% of those people active on a given day.Over 450 million people using the service each month.WhatsApp has built a leading and rapidly growing real-time mobile messaging service, with: The agreement also provides for an additional $3 billion in restricted stock units to be granted to WhatsApp’s founders and employees that will vest over four years subsequent to closing. – Febru– Facebook today announced that it has reached a definitive agreement to acquire WhatsApp, a rapidly growing cross-platform mobile messaging company, for a total of approximately $16 billion, including $4 billion in cash and approximately $12 billion worth of Facebook shares. WhatsApp co-founder and CEO Jan Koum to join Facebook Board of Directors.
Leading mobile messaging company will continue to operate independently and retain its brand.Acquisition accelerates Facebook’s ability to bring connectivity and utility to the world.
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