Does Facebook Own Instagram 2019

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

Does Facebook Own Instagram



Facebook Buy Instagram


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

What's great regarding it is that it is really quick - specifically contrasted to Facebook.

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

In February, we explained Instagram as the biggest hazard to Facebook.

Mark Zuckerberg simply revealed the information on Facebook:

I'm thrilled to share the information that we have actually agreed to obtain Instagram which their gifted group will be signing up with Facebook.

For many years, we have actually concentrated on constructing the best experience for sharing images with your loved ones. Now, we'll have the ability to function a lot more closely with the Instagram team to also supply the very best experiences for sharing stunning mobile photos with individuals based upon your interests.

We believe these are different experiences that match each other. But in order to do this well, we require to be conscious about maintaining and also improving Instagram's strengths as well as functions rather than simply trying to incorporate everything right into Facebook.

That's why we're committed to structure and also expanding Instagram separately. Countless people worldwide enjoy the Instagram application as well as the brand name related to it, and our objective is to assist spread this app as well as brand to a lot more people.

We assume the truth that Instagram is attached to various other solutions beyond Facebook is a fundamental part of the experience. We plan on maintaining features like the capacity to post to various other social networks, the capacity to not share your Instagrams on Facebook if you want, as well as the ability to have followers and also comply with individuals separately from your close friends on Facebook.

These and also several other functions are essential parts of the Instagram experience and also we comprehend that. We will try to learn from Instagram's experience to construct similar attributes right into our various other products. At the same time, we will certainly attempt to help Instagram continue to grow by using Facebook's strong design team and facilities.

This is an essential turning point for Facebook since it's the very first time we have actually ever before acquired an item and firm with so many customers. We don't plan on doing many more of these, if any in any way. But giving the very best picture sharing experience is one reason that many people like Facebook as well as we knew it would deserve bringing these 2 business together.

We're anticipating working with the Instagram team and to all of the excellent brand-new experiences we're mosting likely to have the ability to build with each other.