Hire animated texting
service is the most famous.
in december 2012, facebook bought the company for $19 billion, including $4 billion in cash. facebook reportedly gave the founders a cool $500 million (that's not a typo, it was actual actual millions, not a decimal).
facebook is using the text-sharing service to send text messages from its messenger app, but whatsapp is more popular in india than any other country.
and it's not the only big facebook acquisition. facebook also acquired virtual reality startup oculus for $2 billion and augmented reality startup magic leap for $793 million earlier this year.
the messaging service, which launched in 2013, has been an especially lucrative investment as users tend to be young and tech-savvy.
'the most popular activity we see with our users in the u.s.,' according to a facebook spokesperson, 'is messaging.'
but what you should understand is that not all facebook's recent acquisitions are just for messaging. there's also a $3-billion cash-and-stock deal for instagram, which allows users to upload pictures and videos and share them.
here are some other examples of major facebook deals, as well as a few of their competitors:
google.com and youtube
google paid $1.65 billion in july for youtube .