Facebook (NASDAQ FB) has been a top performing stock in the market for the past few months. The acquisitions of WhatsApp and Instagram have helped as well. Although they are not generating money, both the acquisitions have immense potential, which Facebook definitely acknowledges. News in the market is that Facebook might be looking to make further additions to their portfolio. This is a piece of news which the investors would certainly be glad to hear.
Here in this article, we will take a closer look at the acquisitions which Facebook can make in the coming months. Also, we will look at how these said acquisitions would effect the market on the whole. A look at the already happened transactions can only help us know more about what the future might hold for Facebook.
Facebook, the world’s largest Social Networking Website, has more than a billion active users on its website. Facebook (NASDAQ FB) has been looking to further strengthen itself in the market through diverse acquisitions. The takeover of WhatsApp and Instagram have helped tremendously. Both the apps, have attracted users from around the world. Once they start earning profits, Facebook is sure to get its money worth.
Facebook Inc: Thrilled with WhatsApp and Instagram
Facebook (NASDAQ FB) recently had a developers conference in which CEO Zuckerberg remained upbeat about Facebook’s investments. He remained positive and commented that the social networking giants would go for more such investments in the coming future. Facebook also invested in internet drones for developing countries in the past week.
Facebook is looking to attract people to buy products on its website. Some of the coming acquisitions might be in the same field. If made possible, the social networking site might be onto something big which would undoubtedly make it the biggest company on the market.
Facebook Inc (NASDAQ FB) Business News
Facebook (NASDAQ FB) has been performing well in the market. The social networking giants have a clear lead in their main market. The need to diversify remains and is being well taken care of.
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