Facebook buys WhatsApp

20th February 2014
Facebook buys WhatsApp

Facebook bought messaging app WhatsApp in a deal worth a total of $19bn (£11.4bn) in cash and shares. It was the social networking companies biggest acquisition to date. WhatsApp had more than 450 million monthly users and was popular with people looking to avoid text messaging charges. At the time the company claimed it was registering one million new users a day.


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