http://www.techrez.com/2014/10/whatsapp-acquisition-price-tag-increases-22-billion.html
Facebook’s acquisition of WhatsApp was announced in February, but was recently approved by the European regulatory authority. The mobile messaging app has more 600 million monthly users, with a large percentage of such numbers found in India. It is reported that 65 million WhatsApp users are located in India, explaining why tech giants like Google sees the emerging markets as a testing ground.

Google plans to launch it mobile messaging app, which would be similar to WhatsApp but would be entirely free, not requiring Google login credentials to gain access. The company is looking at India, to be the first market where it would test the service.

Now, Jan Koum, founder of WhatsApp will receive $2 billion in Facebook’s stock with legal vesting over a four-year period, as an incentive for him to stick with the company, based on a regulatory filing on Monday. Koum will serve as a Chief Executive of WhatsApp and will become a director in Facebook and will earn a $1 annual salary, bringing in on par with what Facebook’s co-founder and CEO Mark Zuckerberg earns. Koum will also receive 24.9 million Facebook restricted stock units, worth about $1.9 biliion.

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