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Facebook in talks to buy crowdsourced traffic app Waze for up to $1 billion

0. phoneArena posted on 09 May 2013, 02:15

Reports on Thursday indicate that Facebook and Israeli based Waze are in advanced talks with Facebook looking to purchase the crowdsourced traffic app for a price in the range of $800 million to $1 billion; over the lkast year, Waze tripled its user base to 45 million members, adding 1.5 million new members in the month of March alone...

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posted on 09 May 2013, 04:11 1

1. DrMenschik (Posts: 9; Member since: 02 Mar 2013)

$1.5 million new members.... dat price :D

posted on 09 May 2013, 04:16 3

2. TheMan (Posts: 493; Member since: 21 Sep 2012)

Great, FB can screw up one of my favorite apps on Android -- with the probable result that Waze reports my whereabouts on my profile.

posted on 09 May 2013, 08:07

3. buccob (Posts: 2737; Member since: 19 Jun 2012)

NOOOOOO Google you are dumb not to have tried this....

You should have killed Buzz and buy Waze long time ago... imagine how your navigation would have been with crowdsourcing...

Waze is the most popular navigation app in my country... since Google does not even offer Navigation here...

posted on 09 May 2013, 08:33

4. Daftama (Posts: 619; Member since: 03 Nov 2012)

Google is the best nap service out there

posted on 09 May 2013, 11:51 2

5. Rayvelynn (Posts: 124; Member since: 05 Jul 2012)

Zuckerberg you are doing too much, First Instagram now Waze. You are a thorn in my spine. As if you already don't have enough information to spy on people.

posted on 09 May 2013, 12:23

6. mrfamous1 (Posts: 27; Member since: 25 Apr 2012)

Great Companies buy smaller great companies to stay relevant!!!

posted on 09 May 2013, 16:42

7. Stuntman (Posts: 839; Member since: 01 Aug 2011)

I'm a little torn about this news. I love Waze and a Facebook aquisition will have the potential to increase Waze's popularity which would make it beneficial to me as a Waze user. However, I am wary that Facebook will screw with it in such a way that would annoy me.

posted on 09 May 2013, 20:48

8. MC1123 (Posts: 1256; Member since: 12 Nov 2012)

i thought apple bought this company...

but pretty neat that waze is available to iOS, Android and BB10! no WINDOWS PHONE!!!

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