Instagram Owned by Facebook 2019

Facebook just purchased Instagram for $1 billion in cash money and stock.

Instagram Owned By Facebook



Facebook Buy Instagram


Instagram is a mobile-only photo-sharing application. It grew from 1 million users in January 2011 to 15 million in December 2011. It has 30 million users now.

What's great about it is that it is extremely rapid - particularly compared to Facebook.

With the Facebook iPhone application, there are 6 displays a user needs to go with prior to a customer can actually take a photo. With Instagram, there is one.

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

Mark Zuckerberg just revealed the information on Facebook:

I'm thrilled to share the news that we have actually consented to get Instagram which their skilled team will be signing up with Facebook.

For years, we've concentrated on building the most effective experience for sharing photos with your friends and family. Currently, we'll have the ability to work a lot more very closely with the Instagram team to likewise offer the very best experiences for sharing attractive mobile photos with individuals based upon your interests.

Our team believe these are different experiences that enhance each other. However in order to do this well, we need to be conscious concerning maintaining and building on Instagram's staminas as well as attributes instead of just attempting to integrate whatever into Facebook.

That's why we're devoted to structure and also expanding Instagram independently. Countless individuals worldwide enjoy the Instagram app and also the brand name associated with it, and our goal is to help spread this application and brand name to much more people.

We assume the truth that Instagram is attached to various other services past Facebook is an integral part of the experience. We intend on keeping functions like the ability to upload to various other socials media, the capacity to not share your Instagrams on Facebook if you want, and also the capability to have followers as well as adhere to individuals separately from your good friends on Facebook.

These and numerous other functions are important parts of the Instagram experience as well as we comprehend that. We will certainly try to pick up from Instagram's experience to develop comparable features right into our various other items. At the same time, we will certainly try to help Instagram remain to expand by utilizing Facebook's strong engineering team and framework.

This is an essential landmark for Facebook since it's the first time we have actually ever gotten a product and firm with a lot of users. We don't intend on doing a lot more of these, if any kind of in any way. However providing the very best photo sharing experience is one reason that many individuals love Facebook and also we understood it would deserve bringing these 2 business with each other.

We're expecting working with the Instagram group and to all of the wonderful new experiences we're mosting likely to be able to construct together.