Did you hear that? Mark Zuckerberg just said, "I can buy you, your friends, and this club!"
He's not all talk, however. He definitely has the money. You see, his gargantuan social-networking site Facebook is going to buy the instant-messaging app WhatsApp for $19 billion! Yes. 19. Billion. Dollars. Let that sink in and make you realize that you're in the wrong profession. We're not even gonna convert that to pesos (okay we will, that's a whopping P854 billion!).
This certainly belongs in the "Big Money" bin of the biggest tech deals ever. But why shell out that much moolah? And why WhatsApp?
We'll answer that by throwing you these nakakalula WhatsApp figures:
- Over 450 million users use WhatsApp each month, and a vast majority of them are active each day
- Over one million users are signing up every 24 hours
- Around 600 million photos uploaded each day
- Around 200 million voice messages sent each day
- WhatsApp handles around 50 billion messages each day
Not bad for a company that only has 55 employees, no?
Those jaw-dropping stats tell us one thing: The guys over at Facebook know what they're doing. However, their official plans on how WhatsApp will be specifically integrated into Facebook are yet to be revealed. But Mark Zuckerberg seems pumped up with the acquisition. "WhatsApp is on a path to connect one billion people. The services that reach that milestone are all incredibly valuable," he says. "WhatsApp will complement our existing chat and messaging services to provide new tools for our community." We sure hope it does, bro! Sayang naman ang pera!
All this got us thinking: What are the other blockbuster deals Facebook can execute with $19 billion? Head to the next page for our suggestions!