Facebook has made its first-ever acquisition of WhatsApp, acquiring the messaging service for $19 billion.
WhatsApp’s acquisition comes at a time when other companies are making moves into messaging apps and messaging platforms, and with the growth of these services comes an increase in the number of people who are connecting via these apps.
WhatsApp will continue to be the go-to app for WhatsApp users, but its main competitor in the messaging space, Instagram, will also be moving into the messaging app space.
Instagram has more than 8 million users and a $16 billion valuation.
Its CEO Kevin Systrom said in an interview with Fortune that WhatsApp was a natural fit for Instagram’s messaging app platform.
“We are going to do something that is more in sync with the users, more aligned with their needs and more connected to them,” he said.
“That’s what we want to do.”
WhatsApp will also continue to exist in a separate service called WhatsApp Plus.
Systrom has said that WhatsApp Plus will continue being offered by WhatsApp in partnership with Facebook, and that WhatsApp’s messaging service will not be discontinued.
“It is not the end of WhatsApp,” Systrom told Fortune.
“But it is the end for WhatsApp Plus, the end that WhatsApp has had.”
WhatsApp’s Facebook deal, along with Instagram’s acquisition of Instagram, means that WhatsApp will now compete with a number of messaging services.
In a bid to expand its user base, WhatsApp is also adding a variety of new features and services to its service.
WhatsApp says it will soon be adding a way for users to send and receive messages in the background, allowing them to avoid a constant barrage of notifications.
The app also said it will be rolling out a number new features to its users in the next few months, including “real-time chat,” “messages on demand,” and more.
It also said that it would soon be launching an “in-app video feature” to let users upload and watch videos from other users.
Instagram’s Instagram acquisition, along the lines of WhatsApp’s, means it will now be competing with Snapchat.
Snapchat has recently launched an app for its Snapchat Stories, which lets users upload their snaps and videos to its social network, with a view to monetizing those clips.
The Snapchat Stories app is currently available on iOS and Android devices, with users having to register their accounts.
Snapchat is one of the most popular messaging services in the world, with more than a billion monthly active users.
Snapchat said it plans to offer its new Instagram-like features to users of its WhatsApp Plus service in the coming months.
Snapchat’s Instagram deal also comes at an important time for Instagram.
In April, the social network said that its total active users had grown from 100 million to 300 million over the past year.
Instagram also announced plans to make Instagram Stories a part of the app in the near future.
Snapchat and Instagram have also been working on a new product that is aimed at the younger crowd.
The new product will be called the Snapchat Social, which is part of Snapchat’s plans to introduce new social features to the service in coming months, according to Instagram.
Instagram is also launching an app called Snapshot that will let users share and upload photos to their Instagram accounts and also share their Snapshot with their friends.
The company said it expects that Snapshot will be available in the “next few months.”
Instagram is looking to grow its audience, which has grown from about 5 million to more than 12 million users.
In September, Instagram CEO Kevin Rose told investors that the company is seeing an increase of more than 100 million new Instagram Stories users in three months.
Instagram said it saw an increase from 50 million to 60 million new Stories users over the same period.
“The Snapchat Stories service is the most significant piece of Instagram’s digital strategy since we launched our original Instagram Stories platform,” said Instagram Chief Marketing Officer Dan McCollough in a statement.
“Snapchat has built a strong user base that we believe will help us grow and scale Instagram in the years to come.”
WhatsApp shares WhatsApp shares 1.5% of the world’s total market capitalization, but the WhatsApp acquisition could help the company grow more quickly.
WhatsApp, the messaging and photo sharing app, is a $19.5 billion company with over 3 billion monthly users.
WhatsApp was founded in 2013 and has more users than Instagram, Twitter, and Snapchat combined.
WhatsApp is the second-largest messaging app by number of active users, behind only Facebook, according the company.
WhatsApp shares Facebook shares 1% of global market cap, but WhatsApp’s $19 Billion valuation makes it one of Facebook’s biggest competitors in the mobile messaging market.
WhatsApp also has a much larger user base than Snapchat.
It has more active users than Facebook, Twitter and Instagram combined.
“While we believe WhatsApp will be the company to beat for years to follow, we think we are the one that will ultimately out-perform them in terms of both