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Mountain View, CA - What Is WhatsApp, Why Is Facebook Paying So Much

Published on: February 19, 2014 09:01 PM
By: AP
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Mountain View, CA - Photos, videos, chats: A look at WhatsApp

PROFILE:

—Year founded: 2009.

—Company founders: Former Yahoo engineers Jan Koum (the current CEO) and Brian Acton.

—Headquarters: Mountain View, Calif.

—Number of employees: 55.

HOW IT WORKS:

—Download the app to phones running Android and iPhones, as well as BlackBerry, Windows and Nokia phones.

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—Messages are sent over the Internet, to individual people or groups.

—One check mark next to a message means it’s been delivered; two check marks means it’s been seen.

—Price users pay for one year of service: 99 cents.

VITAL STATS:

—Number of monthly WhatsApp users: 450 million.

—Number of people who use Facebook’s mobile products, including Facebook Messenger and Instagram every month: nearly 950 million.

—Number of WhatsApp texts sent per day: 19 billion; texts received on the service per day: 34 billion.

—Number of daily voice messages sent with WhatsApp: 200 million; daily video messages: 100 million; daily photos: 600 million.


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1

 Feb 19, 2014 at 09:11 PM Sim_cha Says:

Early users got the app with lifetime service for free!

2

 Feb 19, 2014 at 09:44 PM yaakov doe Says:

I should spend my time devbeloping these things instead of surfing.

3

 Feb 20, 2014 at 12:41 AM Chill Says:

So how exactly do u get to a 19B dollar evaluation???

4

 Feb 20, 2014 at 06:03 AM Gitzuger Says:

But why is face book paying so much? Where is the company worth $19bn?? With 450mil users even if everyone pays 0.99 cents a year (which most dont pay, i have it free) still the company doesnt even add up to $1 bn worth?! Why would someone pay 19 times the companys worth?! Someone plz explain!

5

 Feb 20, 2014 at 08:43 AM HankM Says:

Reply to 2
Anyone can develop these things; the trick is coming up with an idea that will stick. If someone told be to make an app that will compete with your free texting already built into your phone, I would have told them they have a better chance if they throw their money in the garbage

6

 Feb 20, 2014 at 08:54 AM Sim_cha Says:

2: waves or web or both?!?
3, 4: they overpaid.

7

 Feb 20, 2014 at 10:06 AM seicheldig Says:

To show how much they know when they write a story 2 checks definitely doesn't mean it's been seen it means it's been delivered. thank you

8

 Feb 20, 2014 at 03:19 PM Chachom Says:

Reply to #4  
Gitzuger Says:

But why is face book paying so much? Where is the company worth $19bn?? With 450mil users even if everyone pays 0.99 cents a year (which most dont pay, i have it free) still the company doesnt even add up to $1 bn worth?! Why would someone pay 19 times the companys worth?! Someone plz explain!

Genius, Are you seriously thinking that the companies revenue is based on the 0.99 fee..

9

 Feb 20, 2014 at 07:28 PM Gitzuger Says:

Reply to #8  
Chachom Says:

Genius, Are you seriously thinking that the companies revenue is based on the 0.99 fee..

Reply to 8: That exactly is my question! Why is whatsapp worth anything? Where do they have a income?

10

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