Facebook's biggest acquisition
Facebook spending
$4 billion in cash and $12 billion in Facebook stock to acquire Whatsapp,
total $16 billion.
- Why$16 billion? Mark Zuckerberg said that because WhatsApp is on track to have more than a billion users, it's a rare mass-market service that is "extremely extremely valuable." Zuckerberg stated that the acquisition fuels Facebook's mission to make the world more open and connected.
- Zuckerberg also said buying WhatsApp helps in the Facebook's Internet.org project
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