How Much Did Facebook Buy Instagram for 2019

Facebook simply got Instagram for $1 billion in cash and also stock.

How Much Did Facebook Buy Instagram For



Facebook Buy Instagram


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

What's great about it is that it is really quick - particularly contrasted to Facebook.

With the Facebook iPhone app, there are 6 screens a customer has to go via prior to a user can actually take a photo. With Instagram, there is one.

In February, we defined Instagram as the largest risk to Facebook.

Mark Zuckerberg just revealed the news on Facebook:

I'm excited to share the news that we have actually consented to obtain Instagram and that their talented group will certainly be joining Facebook.

For many years, we have actually concentrated on constructing the most effective experience for sharing photos with your friends and family. Now, we'll be able to work a lot more very closely with the Instagram group to additionally supply the very best experiences for sharing stunning mobile photos with individuals based on your passions.

Our team believe these are various experiences that match each other. Yet in order to do this well, we require to be mindful about maintaining and improving Instagram's staminas as well as features as opposed to just attempting to integrate every little thing into Facebook.

That's why we're dedicated to structure as well as growing Instagram separately. Millions of individuals worldwide like the Instagram application and the brand associated with it, and also our objective is to assist spread this application and also brand to even more people.

We assume the fact that Instagram is connected to other services beyond Facebook is an important part of the experience. We plan on maintaining functions like the ability to publish to other social media networks, the capacity to not share your Instagrams on Facebook if you desire, and the capacity to have followers and also follow people independently from your friends on Facebook.

These as well as many other features are important parts of the Instagram experience and also we comprehend that. We will certainly try to learn from Instagram's experience to construct similar functions right into our various other products. At the same time, we will attempt to aid Instagram remain to expand by using Facebook's strong engineering group and facilities.

This is an important milestone for Facebook because it's the very first time we've ever before gotten an item and also company with numerous individuals. We do not intend on doing a lot more of these, if any type of whatsoever. But providing the most effective image sharing experience is one reason that numerous individuals enjoy Facebook as well as we knew it would certainly deserve bringing these 2 companies together.

We're anticipating dealing with the Instagram group and also to all of the great brand-new experiences we're going to have the ability to build together.