This Simple Parapraph From Sarah Lacy Of Pando Daily Explains Why Facebook Needed WhatsApp | Exploring Markets

This Simple Parapraph From Sarah Lacy Of Pando Daily Explains Why Facebook Needed WhatsApp

"Guess who is the new photo leader according to recent numbers? WhatsApp. According to the company’s own numbers, WhatsApp is processing 500 million images per day, compared to 400 million Snapchat (“snaps”) per day, which could include photos or videos. For its part, Facebook processes a comparatively paltry 350 million photos a day, with an additional 55 million per day from Instagram. Facebook has become the world’s most dominant, and resilient, social network by ensuring that it “owns” photos. Today’s purchase shows they're determined to maintain that dominance whatever the cost. - Sarah Lacy