Facebook acquired WhatsApp(World's most popular messaging Service) for whooping $19 billion just a few days back, which is the largest ventured-backed acquisition in the history. This comes rather, as not a big surprise given the fact that Whats App has surpassed the Facebook's instant messaging service Facebook Messenger, in the developing economies such Brazil,South Africa,Indonesia and China. Currently Facebook has around 1 billion users and it hopes to gain another 1 billion users through its Global Expansion policy,acquiring Whats App was just the first step in its plans. Facebook wanted to buy a true messaging app to complement Facebook Messenger, and WhatsApp was the obvious choice thanks to the simple utility and skyrocketing global popularity. “Messenger evolved from Facebook chat which was more instant messaging, not SMS ... a lot of messages aren't real-time. Whats App evolved from the model of replacing SMS,” Facebook CEO Mark Zuckerberg said o
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