Did Facebook Buy Instagram 2019

Facebook just bought Instagram for $1 billion in cash money and supply.

Did Facebook Buy Instagram



Facebook Buy Instagram


Instagram is a mobile-only photo-sharing app. It expanded from 1 million customers in January 2011 to 15 million in December 2011. It has 30 million individuals currently.

What's terrific concerning it is that it is very quick - especially compared to Facebook.

With the Facebook apple iphone app, there are 6 displays an individual has to go with before an individual can in fact take a photo. With Instagram, there is one.

In February, we defined Instagram as the most significant danger to Facebook.

Mark Zuckerberg just announced the news on Facebook:

I'm delighted to share the news that we've consented to get Instagram which their talented team will certainly be joining Facebook.

For many years, we've focused on developing the best experience for sharing images with your family and friends. Currently, we'll be able to work a lot more carefully with the Instagram group to additionally use the best experiences for sharing lovely mobile pictures with individuals based upon your rate of interests.

Our team believe these are different experiences that match each other. However in order to do this well, we require to be conscious concerning maintaining and improving Instagram's toughness and attributes instead of just trying to integrate every little thing right into Facebook.

That's why we're dedicated to building as well as expanding Instagram independently. Millions of individuals all over the world enjoy the Instagram app as well as the brand name related to it, as well as our objective is to aid spread this app and brand name to even more individuals.

We think the reality that Instagram is attached to various other services past Facebook is an integral part of the experience. We plan on maintaining attributes like the capability to upload to various other social media networks, the capability to not share your Instagrams on Facebook if you desire, as well as the capability to have fans as well as follow individuals separately from your good friends on Facebook.

These as well as numerous other functions are necessary parts of the Instagram experience and also we understand that. We will try to pick up from Instagram's experience to build comparable functions into our other products. At the same time, we will certainly try to assist Instagram remain to grow by utilizing Facebook's solid engineering team and facilities.

This is an important milestone for Facebook because it's the first time we have actually ever before obtained an item and business with many users. We do not plan on doing much more of these, if any type of whatsoever. But offering the best picture sharing experience is one reason why a lot of individuals love Facebook and we knew it would certainly deserve bringing these two business together.

We're anticipating working with the Instagram team as well as to every one of the terrific brand-new experiences we're mosting likely to have the ability to develop together.