In April 2012, Facebook announced it was buying Instagram for $1 billion in cash and stock. At the time, Instagram had about 30 million users and was still relatively new to the social media scene. The acquisition of Instagram was seen as a bold move by Facebook as it allowed them to expand their reach into the mobile photo-sharing market, which was becoming increasingly popular.
Facebook continued on their path of acquiring popular companies when they announced in February 2014 that they were buying WhatsApp for $19 billion. WhatsApp had grown significantly in popularity over the previous year, reaching 450 million users by that time. The acquisition of WhatsApp was seen as a great opportunity for Facebook to expand its reach into the instant messaging market.
Both acquisitions have been extremely successful for Facebook. Since then, both Instagram and WhatsApp have grown to become two of the most popular social media apps in the world. As of December 2019, Whatsapp has 1.6 billion monthly active users while Instagram has 1 billion monthly active users. These acquisitions have given Facebook an even larger user base and more opportunities for monetization.
In conclusion, Facebook purchased Instagram in April 2012 and WhatsApp in February 2014 for a total of $20 billion dollars. Both acquisitions have been highly successful for Facebook as both apps have become two of the most popular social media apps today with billions of users each month.
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Facebook has always had an eye on expanding its empire and has made several noteworthy acquisitions over the years. One of the most notable acquisitions is that of WhatsApp and Instagram, two of the most popular messaging apps in the world. The acquisition of these two services has given Facebook a major presence in the messaging space and has allowed it to reach more users than ever before.
In February 2014, Facebook CEO Mark Zuckerberg announced that his company would acquire WhatsApp, a popular mobile messaging app. The deal was worth an incredible $19 billion and marked one of the largest acquisitions in technology history. It also gave Facebook instant access to WhatsApp’s 450 million users and allowed them to continue their growth into the future.
Mark Zuckerberg, CEO of Facebook, purchased WhatsApp in 2014 for a total of $19 billion. Facebook had made multiple attempts to buy the popular messaging app, but the deal wasn’t finalized until October of 2014. WhatsApp was founded in 2009 by Jan Koum and Brian Acton, two former Yahoo employees.
Facebook, Inc. is a global social media platform that has become an integral part of modern life. It is no surprise that the company has grown to include other popular social media platforms.
In 2014, Facebook made a move that shocked the tech world – they acquired messaging service WhatsApp for an astonishing $19 billion. This was a huge sum of money for a company that at the time only had about 450 million users and had yet to generate any revenue. The acquisition was seen as a bold move by Facebook founder Mark Zuckerberg, who believed that the purchase would help bolster their presence in the mobile messaging space and give them access to millions of users around the world.
Facebook Inc. is a technology platform providing access to a wide range of digital services, products, and content. Founded in 2004 by Mark Zuckerberg, Facebook has grown to become one of the world’s largest internet companies with over 2 billion monthly active users worldwide.
WhatsApp is one of the world’s most popular messaging apps, and it has been an integral part of life for many people in India since its launch in 2009. The app was first released in California by two former Yahoo employees, Jan Koum and Brian Acton, who wanted to create an easier way for people to communicate with friends and family using mobile phones. WhatsApp quickly grew in popularity and by 2014 it had over 700 million users worldwide.
