While not an acquisition, the $5.7 billion Jio investment was Facebook’s second-largest financial deal ever. The pair both worked at Yahoo but left when they became disillusioned with where the company was heading. Quora User Studying about Entrepreneurship Author has 126 answers and 402. Jan Koum is the owner of WhatsApp and Chris Daniels is the CEO now. Durov funded the app, with partner Axel Neff (an American who also worked at VK) joining as a co-founder too.
The brothers also previously founded Russian social network (and Facebook rival) VK, but eventually left. In February 2014, Facebook acquired WhatsApp for 19 billion. Telegram was founded by brothers Nikolai and Pavel Durov in 2013. It was founded in 2009 by Jan Koum and Brian Acton. Earlier this year it invested in Jio Platforms, an Indian internet giant that WhatsApp plans to partner with on commerce. WhatsApp was founded by Jan Koum and Brian Acton in 2009. WhatsApp is a messaging app with over 1 billion users. Acquiring Kustomer is the latest in a series of expensive bets related to Facebook’s $19 billion purchase of WhatsApp in 2014. was met with crickets.īut if the deal’s significance isn’t clear now, it could be soon. In Washington, where regulators are actively pursuing antitrust lawsuits against Facebook and politicians condemn almost every move the company makes, the purchase of Kustomer Inc. Although it was the third-largest acquisition in Facebook’s history, slightly more than it paid for Instagram in 2012, the deal drew very little notice.
#WHO OWNS WHATSAPP SOFTWARE#
announced it had bought a customer service software startup most people had never heard of, in a deal valuing the company at more than $1 billion. On the final day of November, Facebook Inc.
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