Facebook Buys WhatsApp in a Deal Worth $16 Billion - FrinMash

Facebook Buys WhatsApp in a Deal Worth $16 Billion

Facebook Buys WhatsApp in a Deal Worth $16 Billion

Facebook has announced  buying the popular mobile messenger app WhatsApp for $16 billion.According to the deal it includes $12 billion in Facebook shares $4 billion in cash and $3billion investing in stocks, WhatsApp which has 450 million active users with newly 1 million registered users.

WhatsApp CEO Jan Koum says it wont affect any changes and will also join Facebook's board of directors.

Image:- WhatsApp
Facebook Buys WhatsApp in a Deal Worth $16 Billion Facebook Buys WhatsApp in a Deal Worth $16 Billion Reviewed by Frinton Madtha on February 20, 2014 Rating: 5
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