A look at Facebook's £11 billion WhatsApp valuation

Facebook's acquisition of the WhatsApp instant messaging service values the firm at around £11 billion - but why is it so much?

WhatsApp currently has 450 million users who send 53 billion messages every day.
WhatsApp currently has 450 million users who send 53 billion messages every day. Credit: ITV News
These users send 600 million photos and 100 million video messages each day. Credit: ITV News

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Facebook to buy messaging service WhatsApp for £9.6bn

Facebook will buy mobile messaging service WhatsApp for $16 billion (£9.6bn). Facebook founder Mark Zuckerberg said he was "excited" by the deal which would make "the world more open and connected".