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Assuming this is an acquisition, it's a poor one. Facebook undoubtedly paid too much for this.
by UVB-76 13y ago
Assuming this is an acquisition, it's a poor one. Facebook undoubtedly paid too much for this.
- s3r3nity 13y agoFrom Techcrunch: " In a staggering comparison, Facebook also notes that the messaging volume of WhatsApp approaches the SMS volume of the entire global telecom industry — and that it’s adding 1M users a day." It's a super fast growing messaging app, mostly used internationally, that is a legitimate competitor to Facebook; it's only a timeline/profile page away from being essentially another Facebook. Don't discount the power of messaging apps -- whether they be aimed towards younger folk (a la Snapchat) or aimed towards international audiences (a la Kakao Talk.) I think it's not an acquisition Facebook WANTED to do, but HAD to.