WhatsApp was acquired by Facebook (now Meta) in February 2014 for a staggering $19 billion. This was a significant deal at the time, making it the largest acquisition of a startup ever.
This acquisition was driven by Facebook's desire to expand its reach and user base in the rapidly growing mobile messaging market. WhatsApp, with its massive user base and popular messaging platform, was a perfect fit for Facebook's strategy.
The deal also gave Facebook access to WhatsApp's advanced messaging technology and its user data, which could be leveraged for targeted advertising and other business initiatives.
This acquisition marked a significant moment in the history of both companies and the tech industry as a whole, highlighting the growing importance of mobile messaging and the power of social media platforms.
