WhatsApp users top 700 million, could hit 1 billion in a year

Mobile messaging platform WhatsApp has accumulated more than 700 million monthly active users and seems on track to reach 1 billion in about a year, a target Facebook set when it acquired the company in 2014.

The announcement comes about 11 months after Facebook acquired the app for $16 billion, a move that reflected the importance that Facebook places on mobile users.