Facebook To Acquire WhatsApp For $16 Billion USD

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Source: Hypebeast

Facebook is now the new owners of popular messaging app, WhatsApp. The deal includes $12 billion in Facebook shares, $4 billion in cash and an extra $3 billion in Restricted Stock Units (RSUs) for employees. As to what Facebook is getting through the deal, WhatsApp boasts some incredible figures including over 450 million users a month with 70% of those people online on a given day, a message volume nearing the global telecom SMS volume and more than 1 million new registered users a day. Stay tuned for developing news on the newest acquisition.

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