Facebook’s WhatsApp Hits 1 Billion Users

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Facebook’s (FB) WhatsApp announced on Monday that it has hit 1 billion users.

facebook-whatsapp-fbWhatsApp said that it was proud of its accomplishment and notes that this means that there are enough accounts on its service for one in every seven people on Earth. The Facebook-owned company said it would continue to work hard to get those other 6 billion people using its service.

Facebook’s WhatsApp said that it will remain dedicated to speeding up and making its service more reliable. It also pointed out that the social media service is used for connecting with friends and family, spreading news of natural disasters and more.

“Through all the progress we’ve made together over the last seven years, our mission has never changed,” the Facebook company said in a statement. “WhatsApp began as a simple idea: ensuring that anyone could stay in touch with family and friends anywhere on the planet, without costs or gimmicks standing in the way.”

FB shares were up 1% as of Noon Tuesday.

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Article printed from InvestorPlace Media, https://investorplace.com/2016/02/facebook-whatsapp-1-billion-fb/.

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