Facebook not buying Whatsapp

by CXOtoday News Desk    Dec 04, 2012

Whatsapp

Social networking giant Facebook is not looking to acquire the multi-platform messaging app Whatsapp in the foreseeable future, says Whatsapp in a statement to AllThingsD.

The two have downplayed the article published on techcrunch.com on Monday that Facebook is interested in buying Whatsapp to augment its plans of going mobile.

Both Facebook and Whatsapp have issued separate statements to AllThingsD, denying the reports.

“The TechCrunch article is a rumour and not factually accurate. We have no further information to share at the moment,” said Whatsapp to the website.

Meanwhile, Facebook said: “We don’t comment on rumours or speculation.”

Whatsapp is a multi-platform messaging app, which unlike Facebook, is a paid app. It allows its users to share text messages, pictures, videos and other files.

It is available in over 100 countries and, as per stats revealed by the company in October 2011, used to send over one billion messages a day. In August 2012, the company declared that it had set a new daily record with 4 billion inbound messages and 6 billion outbound messages, recording an astounding 10 billion total messages in a single day.

It’s currently the No.2 paid app in Apple’s App Store (U.S. version), where it sells for $0.99. On Google’s Play Android store, it is free for the first year, and then $0.99 per year thereafter. Google indicates that the Android app has had between 100 million and 500 million installs to date.

Facebook, on the other hand, has over one billion active users. The social networking company had acquired photo-sharing company Instagram for $ 1 billion in its most high profile acquisition till date.