Facebook's $21.8 billion acquisition lost $138 million last year

There was never any doubt that Facebook's acquisition of WhatsApp — now valued at $21.8 billion — was about gaining users before profits. And still, a new regulatory filing lays bare the profound unprofitability of the messaging service for which Facebook traded a full tenth of its market value.

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TechImperia2423d ago

WhatsApp has no model, what were they expecting anyway?

Speed-Racer2423d ago

Spend some to make some. It's too early to tell what they're going to do with WhatsApp.