WhatsApp’s jaw-dropping $19 billion price tag & what Facebook gained from it

Facebook buys WhatsApp for $19 billion

Is WhatsApp at all worth $19 Billion? If we go by the regular financial metrics, the reply would be an obvious ‘of course not’! But in spite of the bold reply, Facebook CEO Mark Zuckerberg thought otherwise! In fact, on announcing the deal he referenced this specifically: “There are countries [such as] Korea or Japan where another messaging service is bigger, but if you look across the world, WhatsApp – across Europe, Latin America, India, a lot of places in Asia – is the clear leader.” WhatsApp Read more […]

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