Cannot Find Module When Compiling Under Visual Studio

I have very simple TypeScript app, which compiles fine using webpack, but gives me an error 'Build:Cannot find module 'react'' when trying to build in Visual Studio. I'm stuck, any

Solution 1:

I got it all resolved by installing latest version (2.0.6.0) from here: https://www.microsoft.com/en-us/download/details.aspx?id=48593