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WhatsApp now has 700 Million Monthly Users,

This is good news for Facebook, the parent company of WhatsApp, as the company now has grown to 700 million monthly active users, up from 600 million in August. 

This comes as Facebook paid $19 billion for its acquisition last February, according to CEO Jan Koum.

     WhatsApp now has 700 Million Monthly Users,

That’s more than 200 million new users since the Facebook acquisition. Users are also sending more than 30 billion messages per day, Koum said.

Actually, WhatsApp has not catch the eyes of North American users, at least not to the extent that it has taken over Europe, the Middle East, and Asia.
The messaging service has become an icon and has taken over conventional text messages, the product also has an amazing cheap subscription that goes for $1 a year which cuts across every major mobile platform. 

But despite the massive amount of people using WhatsApp there are reports from the Wall Street Journal that the company is actually in the red, losing nearly $230 million dollars in the first half of 2014.
Mark Zuckerberg Facebook CEO expects WhatsApp to become profitable and contribute to its parent company’s coffers once it hits a billion users

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