Facebook's acquisition of WhatsApp for a whopping $19 billion has left the technology world in a state of delight and media circles are abuzz discussing the decision of social networking giant of acquiring instant messaging behemoth.
As per December 2013, WhatsApp declared that it is handing more than 20 billion messages on a daily basis and its daily active users are 450 million.
The two main reasons, which pushed Facebook towards WhatsApp were - WhatsApp's popularity in younger audience and its presence in developing countries where Facebook is still behind.
Facebook will pay $4 billion in cash, $12 billion in Facebook shares and $3 billion in restricted stock units to be granted to WhatsApp founders and employees that will vest over four years
This deal has surely opened the gates of possibilities and enthusiasm for those people who want to build a world class product aimed towards user experience and usability.
3. WhatsApp in the previous
years have emerged as a
threat and also an
opportunity for Facebook
4. 7 big reasons which made
Facebook fall in love with
WhatsApp this Valentine’s
season!!!
5. #1 – Phenomenal Growth
WhatsApp’s ever increasing user base
Image Source: NextBigWhat
6. #2 – Stronghold in mobile market
WhatsApp’s phenomenal revenue figures on mobile platforms
Image Source: vr-zone
7. #3 – Facebook’s absence in “Dark Social”
Ever growing information transfer through private platforms
where Facebook’ share was very less.
Image Source: qz.com
8. #4 – Facebook was getting “old”
WhatsApp was clearly becoming more and more popular
amongst younger audience
Image Source: qz.com
9. #5 – WhatsApp was getting hotter
As compared to its competitors, daily message volume
was accelerating much faster than predicted.
Image Source: clubic.com
10. #6 – Technical Prowess
If a product is technically sound along with being
popular, what else a potential investor needs
11. #7 – Facebook Messenger was losing its grip
Facebook Messenger was only popular in US,
and was losing its grip in rest of the world.
Image Source
13. @bigtimefoodie
I think Facebook is kind of becoming
a media behemoth like Google and
Disney, first it acquired Instagram
and now WhatsApp, basically trying
to achieve everything through any
application if other fails to do so…
WHAT DO YOU THINK..??
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