There are rumors circulating the technology world that Facebook may soon be acquiring the very popular messaging service WhatsApp.
The messaging service is available for both iPhone and Android users, having tens of millions of daily active users spanning over 100 countries. They deliver about 10 billion messages a day.
There is speculation that Facebook plans to acquire WhatsApp in order to expand their brand into countries where they currently don’t have mass appeal. The acquisition would also strengthen Facebook’s presence in mobile.
It is unclear how much WhatsApp would require for said transaction to happen, but as of right now Facebook would only comment:
“We don’t comment on rumors or speculation.”
Paul Hudson | Elite.