Facebook (NASDAQ FB) has been a top performing stock which has become a mainstay for a lot of investors. After ruling the social networking market, Facebook has become more circumspect about other innovative areas in which it can grow and make its mark. the acquisition of two major upcoming firms, WhatsApp and Instagram was a major step towards the same. Both the investments have turned out to be real good for the social networking giants.
Here in this article, we will take a closer look at the investment Facebook has made in the recent past. One particular investment, that of WhatsApp would be particularly scrutinized. It would be interesting to see how Facebook would be effected by the rise of WhatsApp.
WhatsApp has grown by some distance in its popularity. The upcoming chat app has attracted around 800 Million users. This makes the FB investment look very promising. Although WhatsApp remains a non performing asset currently, it should not be long before Facebook cashes in the handsome benefits.
Facebook Inc: WhatsApp catching on
With 800m users, WhatsApp is currently the world’s most popular messaging portal. It is hugely popular in US, India and Europe. WhatsApp has actually shown a major way to bypass the messaging service inbuilt in the phones. In fact, WhatsApp now also boosts of a calling feature, which is again free.
Although the WhatsApp app is currently free for a certain trial period, Facebook would surely put its foot down at some point and start charging for subscriptions. This would lead to huge capital generation for FB.
Facebook Inc (NASDAQ FB) Business News
Facebook (NASDAQ FB) have been a top performing stock ,as mentioned before in the article. It would be prudent for any investor to consider having the stock in the portfolio. Whether the social networking giants can continue to perform in the given market, remains to be seen.
Thanks for visiting the TechNews.org website. Be sure to catch all Facebook Inc (NASDAQ FB) financial news, bookmark us and check all the videos and news articles regarding the Facebook stock.