![]() The app also provides potential for Facebook to bring more businesses onto its advertising program, with thousands of businesses coming onto the platform every day. Although the internet was awash with analysts using the word “ overpaid”, time - and the fact that the platform has 70 million users in the US alone - have proven them wrong. Take the example of Facebook’s acquisition of Whatsapp in 2014 for $22B. Facebook’s and Whatsapp acquisition (2014) - $22B AstraZeneca and Alexion Pharmaceuticals (2020) - $39B.Altimeter and Grab Holdings (2021) - $40B.S&P Global and IHS Markit (2020) - $44B. ![]()
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