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".

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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. Credit: ITV News
These users send 600 million photos and 100 million video messages each day. Credit: ITV News

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