Is there a WhatsApp stock price? One hundred billion messages exchanged a day. Yes, 100 billion. That astronomical number is what travels through the WhatsApp superhighway each and every day. With numbers like that, it's no surprise investors, and traders alike want to get in on the action.
However, a quick google search of the WhatsApp stock price, and you might be disappointed. Unfortunately, you can't buy WhatsApp directly. But if you keep reading, I'm going to show you an alternate route to invest in WhatsApp.
What Is WhatsApp?
- If you've been living under a rock without a phone or internet, then let me fill you in. WhatsApp provides mobile communication and instant messaging services, along with cross-platform mobile messaging. But the best part of it all, WhatsApp is free!
With a Wi-Fi connection, you can exchange text messages, make calls and video calls anywhere in the world. Not only is it free, but it's also straightforward to use.
All you need to do is download the app, connect to your friends, and you're off to the races. Which is why we'd love a WhatsApp stock price.
1. A Brief History
WhatsApp was founded in 2009 by two former employees of Yahoo. What cracks me up is that they choose the name because it sounded like, "Whats-Up!".
And for these two savvy innovators, it was a case of "right-time, right-place," as this was when the Apple App Store was gaining momentum.
For those entrepreneurs out there, you know how difficult it is to secure a piece of the market. But in this case, the customer base was already locked and loaded. With a fully prepped platform, they were able to launch their app.
Little did they know, usage would skyrocket in a little under two years. Growth was steady initially, but by 2011, WhatsApp was one of the most popular apps on the iPhone platform.
Fast forward to 2013, and growth was to the moon with over 200 million daily users! Which would be great for WhatsApp stock price if there was one.
2. Facebook Gets in on the Action
With WhatsApp's astronomical popularity, it should come as no surprise that Facebook ( NYSE: $FB) decided to get in on the action. In February of 2014, Facebook acquired WhatsApp for just over $19 billion.
Now that should show you the confidence Facebook has in WhatsApp, considering they only spent $1 billion to acquire Instagram in 2012.
3. The Popularity of WhatsApp Stock Price
At the companies latest quarterly earnings call, Facebook's CEO Mark Zuckerberg said that private messaging continues to be the fastest-growing form of communication.
More importantly, WhatsApp alone saw the exchange of 100 billion messages each day. While there's no WhatsApp stock price, you can take our day trading course to learn how to trade other companies.
Who Is WhatsApp's Competition?
- At this point, it's safe to say WhatsApp is just competing with itself. Even though 8 billion messages a day are exchanged through Facebook Messenger, that's a paltry sum compared to WhatsApp. Too bad there's no WhatsApp stock price.
1. New and Exciting Cross-Platform Opportunities
According to FB CEO Sheryl Sandberg, more than 40 million people view WhatsApp Business Catalog each month. What's exciting is that they soon will allow users an option to "click a WhatsApp icon on a Facebook Shop to chat directly with the business."
This cross-platform communication across Facebook, Instagram, and WhatsApp will enable users and businesses alike unencumbered access to message whomever they want. Can Parler do that?
2. How to Buy WhatsApp Stock?
It's possible to invest in WhatsApp; you just have to go through their parent company Facebook. I know this may not be quite the answer you're looking for.
But it's as close as you can get to a WhatsApp stock price. Facebook's listed on the NASDAQ with stock code FB and at the time of writing was trading around $260.00.
What Is WhatsApp Stock Price Worth?
- It's hard to put a hard dollar value on a WhatsApp stock price is worth as it has no real way of making money. But what it does have is 500 million users!!!! Unlike games that can generate thousands a day - think Fortnight, which makes $2 million a day from players on Apple Inc.'s iOS, WhatsApp is free.
Considering the fact that Zuckerberg nearly paid $42 for each of the 450 million users when he purchased WhatsApp, he needs to work some serious magic.
The question remains, how is FB going to generate enough income from a free app to cover that cost? Your answer is as good as mine.
1. Should You Buy Shares in Technology?
Without a doubt, COVID-19's wreaked havoc on stock markets across the globe. Many companies have been entirely wiped off the market, while others are barely hanging on.
But does that mean you should steer clear of investing in companies such as Facebook? Despite taking a 50% haircut, Facebook rebounded and is back to pre-COVID highs.
Even though many are stuck to adhering to strict social distancing rules, social media's value will remain high. Usage is likely to remain high as the health risk is low.
Want to connect with your loved ones but scared of transmitting disease? Simply place a WhatsApp video call. Scared to hop on a plane to visit friends across the country?
Simply open WhatsApp and have a group chat. It's easy, safe, affordable and not going anywhere any time soon.
You can even read price action trading books over WhatsApp. And while you may not be able to implement them with a WhatsApp stock price, you can with Facebook.
2. How to Indirectly Buy Shares in WhatsApp
So, just to be clear, you can't buy shares in WhatsApp directly, but you can invest in WhatsApp by buying stock in Facebook and here's how.
- Choose your broker and trading platform.
- Open your account. You'll need to provide details such as your ID, address, income, banking information and citizenship.
- Fund your account. The easiest way is to link your brokerage account to your checking account or e-transfer funds.
- Search the platform for stock code: FB in this case.
- Research WhatsApp (Facebook) shares. The platform should provide the latest real-time stock information.
- Buy your WhatsApp (Facebook) shares. It's that simple.
Where to Go From Here With WhatsApp Stock Price
Like I mentioned above, social media platforms and technology apps like WhatsApp aren't going anywhere any time soon. Since WhatsApp stock price doesn't exist, one fantastic way to get your hands on a piece of the pie is to buy Facebook shares.
Despite Facebook's current price tag of $260, you can trade them at a discount with options. Why don't you join us today for less than $1 a day.
We will show you how to easily trade options without losing your shirt. The fact of the matter is, FB isn't going anywhere any time soon. There's money to be made, so why wait? Act now to get your piece of the pie.