Andre Yoskowitz
10 Apr 2013 8:49
Earlier this week we reported that popular mobile messaging app WhatsApp was rumored to be in negotiations with Google over a buyout, one that could cost the search giant up to $1 billion.
Today, Neeraj Arora, WhatsApp's business development head, has denied the report.
Last year, a similar rumor hit, with Facebook as the potential buyer. At the time, the company denied the rumor, as well, saying it was "not factually accurate."
WhatsApp remains the leader in the market, but rivals like LINE are quickly joining them, including newer features and poaching customers. WhatsApp costs $0.99 for one year of service and is available on Android and iOS and Windows Phone as a cross-platform messaging service. The service processes billions of apps per day and is always a top 5 paid app in all 100 countries it is available in.