Only 14 listed Indian companies valued higher than WhatsApp
WhatsApp is valued more than some of global corporate giants like Alcoa, Blackstone Group, Harley-Davidson, Nielsen and Xerox.
How big is the Facebook-Whats App deal? Sample this: Only 14 Indian listed companies are valued more than WhatsApp. These big 14 are: TCS , Reliance , ITC , ONGC , Infosys , Coal India , HDFC Bank , Wipro , Sun Pharma , Tata Motors , HDFC , HUL , Bharti Airtel and ICICI Bank .
Companies like SBI , NTPC , HCL Tech , Larsen , Cairn India and M&M are valued less than WhatsApp as per Wenesday's closing price. Here's more: WhatsApp has been valued more than combined listed media and retail stocks of India.
WhatsApp is valued more than some of global corporate giants like: Alcoa (USD 12.2bn), Blackstone Group ($17.8bn), The Gap ($19bn), Harley-Davidson ($14.1bn), Marriott International ($15.4bn), Moody's ($17.08bn), News Corp ($10.27bn), Nielsen ($17.6bn), Tiffany & Co. ($11.4bn) and Xerox ($13.2bn).
Social media was abuzz on Thursday, after Facebook Inc announced it will buy fast-growing mobile-messaging startup WhatsApp for $19 billion in cash and stock, as the world's largest social network looks for ways to boost its popularity, especially among a younger crowd.
Facebook said on Wednesday it will pay $4 billion in cash and about USD 12 billion in stock in its single largest acquisition, dwarfing the USD 1 billion it paid for photo-sharing app Instagram. As part of the deal, WhatsApp co-founder and Chief Executive Jan Koum will join Facebook's board, and the social network will grant an additional $3 billion worth of restricted stock units to WhatsApp's founders, including Koum.
In event the merger fails to obtain regulatory approval, Facebook has agreed to pay a breakup fee to WhatsApp of USD 1 billion in cash and issue to WhatsApp shares of Facebook Class A common stock equal to another $1 billion.
Some interesting numbers:
$104 billion Facebook's valuation at the time of its IPO.
$16 Billion Amount Facebook raised in its IPO.
$25 Billion Twitter's valuation at the time of its IPO.
$2.1 Billion Amount Twitter raised in its IPO.
$1 Billion Price Facebook paid for Instagram in 2012.
$8 Million Amount of capital invested in WhatsApp in 2011 by Sequoia Capital.
400,000,000: The number of active users, according to a December blog post from WhatsApp.
450,000,000: The number of active users, today, according to Facebook's press release.
70 per cent: Percentage of users who are active on the app on a daily basis.
1,000,000: The company says it's adding more than 1 million new users a day.
945,000,000: Monthly active users on Facebook, as of December 31.
230,00,000: Number of daily active users on Twitter.
50: The number of employees at WhatsApp
Five: WhatsApp is the fifth most downloaded app on Android devices.
Zero: Number of ads that appear on WhatsApp. The service doesn't sell ads
Recommended For You
- Claudio Ranieri Sacking Shows How Heartless Modern Day Football Is
- New KTM Duke 390, Duke 250, Duke 200 Launched; Prices Start at Rs 1.43 Lakh
- Baahubali 2 Motion Poster Indicates Just How Epic the Film Is Going to Be
- Oscars 2017: Of Androgynous Fashion Moments at Red Carpets
- MINI Cooper D (5-Door) Review: A Classic That Encapsulates Modern Technology