Linked by Thom Holwerda on Wed 19th Feb 2014 22:20 UTC
Internet & Networking

Facebook today announced that it has reached a definitive agreement to acquire WhatsApp, a rapidly growing cross-platform mobile messaging company, for a total of approximately $16 billion, including $4 billion in cash and approximately $12 billion worth of Facebook shares. The agreement also provides for an additional $3 billion in restricted stock units to be granted to WhatsApp’s founders and employees that will vest over four years subsequent to closing.

A huge deal. WhatsApp is one of the biggest messaging services is in the world - maybe even the biggest.

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famous ?
by Tractor on Thu 20th Feb 2014 08:18 UTC
Tractor
Member since:
2006-08-18

Not only I never used nor heard about WhatsApp before today, but no one around me has ever used it. A few rare lucky people heard about it.

And that's the "most famous messenger app in the world" ?

Am I supposed to buy that on the ground of some fabricated numbers from an unknown source ?

Reply Score: 2

RE: famous ?
by pandronic on Thu 20th Feb 2014 08:37 in reply to "famous ?"
pandronic Member since:
2006-05-18

In my country it's huge. It has almost replaced Y!M which had a 90%+ share. I guess it depends where you're from. What are people using where you live?

Reply Parent Score: 4

RE[2]: famous ?
by hussam on Thu 20th Feb 2014 09:14 in reply to "RE: famous ?"
hussam Member since:
2006-08-17

In my country it's huge. It has almost replaced Y!M which had a 90%+ share. I guess it depends where you're from. What are people using where you live?

Same here. It's as big as facebook if not more famous where I live.

Reply Parent Score: 4

RE[2]: famous ?
by Bill Shooter of Bul on Fri 21st Feb 2014 05:16 in reply to "RE: famous ?"
Bill Shooter of Bul Member since:
2006-07-14

That's really interesting. Can you explain why you think it replaced an existing, free to use chat network?

Reply Parent Score: 2

RE: famous ?
by shmerl on Thu 20th Feb 2014 08:49 in reply to "famous ?"
shmerl Member since:
2010-06-08

Same thing, I don't know anyone who actually uses it. But in some places it's more common.

Edited 2014-02-20 08:49 UTC

Reply Parent Score: 2

RE: famous ?
by Lobotomik on Thu 20th Feb 2014 09:45 in reply to "famous ?"
Lobotomik Member since:
2006-01-03

Where are you from? What do people use there?

I don't think I know anybody with a smartphone in Spain that does not use it. I think the convenience of Whatsapp is what has put a smartphone, cheap or not, in the hands of almost everybody in Spain above age 5 and below age 75.

Then, because you can use it together with a number of other messagers in the same smartphone (Whatsapp, Hangouts, Facebook, Samsung, Line) the friction to switch to any other would be quite low. The moment Whatsapp is flooded with Candy Crush messages and Facebook garbage, users will flee to a competitor. My bet is Hangouts, which is already installed and running in almost every smartphone (iPhones here are a relative rarity). It also has the advantage of running just fine in a PC too, and in your Wifi tablet.

Reply Parent Score: 4