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Alok Gupta

(credit: STAN HONDA/AFP/Getty Images)

Good Question: Why Is WhatsApp Worth $19 Billion?

On Wednesday, Facebook announced it would buy WhatsApp, a free texting, picture-sending application popular in India, Latin American and Europe, for $19 billion. WhatsApp was created in 2009 and now reportedly has 52 employees. It brings in some revenue from a nominal $1 charge for some of its 450 million customers.

02/20/2014