Facebook Buys WhatsApp for $19 Billion

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Facebook announced yesterday that it's buying messaging app WhatsApp for $19 billion. The app is the 5th most downloaded on the Android market, and has 450 million users. The social network paid $1 billion for Instagram in 2012.

By the Numbers: Facebook Buys WhatsApp for $19 Billion | WSJ MoneyBeat

(Image credits: European Pressphoto Agency)

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Tara is Apartment Therapy's Assistant Editor & Social Media Manager. When not living in 140 characters, you'll find her thrift shopping around Boston, canning, and Instagramming photos of cats.