clock menu more-arrow no yes mobile

Filed under:

Did Investors Miss the Message on the Value of BlackBerry's BBM?

Facebook’s deal with WhatsApp has everyone talking about how much messages are really worth. So should investors consider picking up their BlackBerrys again?

Facebook has agreed to pay up to $19 billion for fast-growing messenger service WhatsApp as part of a bid to command more of consumers’ time on their mobile devices. The price equates to an impressive $42 each for WhatsApp’s roughly 450 million monthly active users.

Read the rest of this post on the original site »

This article originally appeared on Recode.net.