WhatsApp reaches 700 million active monthly users

WhatsApp reaches 700 million active monthly users

whatsapp 2-techcribng
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WhatsApp is again exceeding all expectations after it was announced back in August of 2014 that more than 600 million active monthly user were already on board with the popular mobile messaging app.
acordind to report getting to techcribng, WhatsApp , the mobile messaging service now has more than 700 million monthly active users sending more than 30 billion messages a day.

The Facebook-owned company announced in August it had reached 600 million monthly active users, a clear signal the service’s popularity has skyrocketed in recent months.

“As humbled and excited as we are by these numbers and our continued growth, we’re even more excited to keep building a great product in 2015,” co-founder and CEO Jan Koum said in a post on Facebook.

“Most of all, we’re grateful that so many of you are using WhatsApp to stay in touch with your friends and family, business colleagues and classmates. We promise to continue working hard to make WhatsApp even better.”

 

Facebook officially took ownership of WhatsApp in October, but the firm has continued on as a separate entity from the social media site.

Facebook was originally set to pay $19 billion for the popular app, forking over $4 billion in cash and approximately $12 billion worth of Facebook shares. The deal was also to include $3 billion in restricted stock units for WhatsApp’s founders and employees that will vest over four years. Facebook stock, however, increased from the time the terms of the deal were originally discussed, meaning the social network actually paid out about $21.8 billion.

It may be a colossal amount of money, but it appears it was money well spent given the ever-increasing popularity of WhatsApp. In fact, it’s user growth in the five years since its launch has easily surpassed that of Facebook, Gmail, Twitter and Skype — all of which are extremely popular Internet services or networks.

Segun Balogun About Segun Balogun

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