Which company owns WhatsApp - briefly?
Facebook owns WhatsApp. The acquisition took place in February 2014 for a reported $19 billion.
Which company owns WhatsApp - in detail?
WhatsApp, one of the world's most popular messaging platforms, is owned by Meta Platforms Inc., formerly known as Facebook Inc. This acquisition occurred in February 2014 and was a significant event in the tech industry.
Meta Platforms Inc., led by Mark Zuckerberg, acquired WhatsApp for approximately $19 billion. This transaction not only expanded Meta's portfolio but also integrated WhatsApp into a broader ecosystem of social media platforms, including Facebook, Instagram, and Messenger. The acquisition aimed to leverage WhatsApp's extensive user base, particularly in emerging markets, to enhance Meta's global reach and engagement.
Prior to the acquisition, WhatsApp was an independent company founded by Brian Acton and Jan Koum in 2009. They created WhatsApp as a simple messaging app that would allow users to communicate without the need for traditional SMS fees. The app quickly gained popularity due to its user-friendly interface and affordability, particularly in regions where data plans were cheaper than SMS rates.
The integration of WhatsApp into Meta Platforms Inc. has allowed for various advancements, including the introduction of features such as end-to-end encryption, voice and video calls, and WhatsApp Business for small enterprises. Additionally, WhatsApp has played a crucial role in facilitating communication during crises and natural disasters, highlighting its importance as a global communication tool.
In summary, WhatsApp is owned by Meta Platforms Inc., which acquired the company in 2014 to expand its reach and integrate it into a broader ecosystem of social media platforms. This acquisition has led to significant advancements in the app's features and enhanced its role as a global communication tool.