Edvancer's Knowledge Hub

The reason Facebook paid US$ 19 bn for Whatsapp…decoded!!

whatsapp

On 19th Feb, 2014, Facebook announced the acquisition of Whatsapp, a mobile messaging service with over 450mn users for an eye-popping US$ 19 bn of cash and Facebook shares in total. This figure seems insane for a company which charges some of its users US$ 0.99 every year for its services and reportedly had revenues […]

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