{"id":2463,"date":"2014-02-20T08:28:52","date_gmt":"2014-02-19T22:28:52","guid":{"rendered":"https:\/\/reckoner.com.au\/?p=2463"},"modified":"2014-02-20T08:36:32","modified_gmt":"2014-02-19T22:36:32","slug":"facebook-to-buy-whatsapp-for-16-billion-recode","status":"publish","type":"post","link":"https:\/\/reckoner.com.au\/news\/facebook-to-buy-whatsapp-for-16-billion-recode\/","title":{"rendered":"Facebook to Buy WhatsApp For $16+ Billion"},"content":{"rendered":"
Mike Isaac at Recode:<\/p>\n
\n Facebook plans to acquire the messaging service WhatsApp, the company announced on Wednesday.<\/p>\n
The move marks the social giant\u2019s biggest acquisition to date, as Facebook paid $16 billion in cash and stock for the company. In addition, the deal includes another $3 billion in restricted stock units for WhatsApp employees, which will vest over a period of time.<\/p>\n
WhatsApp\u2019s numbers speak for themselves. The company has more than 450 million monthly active users on the platform, according to the company, with more than 70 percent of users returning to the app on a daily basis.\n<\/p><\/blockquote>\n
Ridiculous amount of money, sure, but also WhatsApp’s growth and stats are incredibly impressive.<\/p>\n
If we’re talking recent acquisitions, the deal is worth: 2.2 Nokias<\/a>, 5.5 Motorola Mobilitys<\/a>, 5 Nests<\/a> or 16 Instagrams<\/a>.<\/p>\n