Does Facebook Own Instagram 2019

Facebook just bought Instagram for $1 billion in money and also stock.

Does Facebook Own Instagram



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 customers currently.

What's terrific regarding it is that it is very quick - specifically compared to Facebook.

With the Facebook apple iphone app, there are 6 displays a customer needs to go with prior to a user can really take a photo. With Instagram, there is one.

In February, we explained Instagram as the greatest threat to Facebook.

Mark Zuckerberg just announced the information on Facebook:

I'm delighted to share the information that we've accepted obtain Instagram and that their talented team will certainly be joining Facebook.

For several years, we have actually concentrated on building the very best experience for sharing photos with your family and friends. Currently, we'll be able to function a lot more very closely with the Instagram group to likewise offer the most effective experiences for sharing lovely mobile photos with individuals based upon your interests.

We believe these are different experiences that match each other. However in order to do this well, we require to be conscious concerning keeping as well as building on Instagram's strengths as well as functions as opposed to simply attempting to integrate every little thing right into Facebook.

That's why we're dedicated to building as well as growing Instagram independently. Numerous individuals around the world love the Instagram application and also the brand name associated with it, as well as our objective is to assist spread this application and brand name to a lot more individuals.

We believe the fact that Instagram is linked to various other solutions beyond Facebook is an important part of the experience. We plan on keeping features like the capability to upload to other socials media, the capability to not share your Instagrams on Facebook if you want, as well as the capacity to have fans and adhere to people independently from your friends on Facebook.

These and also several various other features are necessary parts of the Instagram experience and we understand that. We will certainly attempt to pick up from Instagram's experience to build similar features into our various other items. At the same time, we will certainly try to aid Instagram remain to expand by using Facebook's strong design team as well as framework.

This is an essential milestone for Facebook since it's the first time we've ever gotten a product and company with many users. We do not intend on doing a lot more of these, if any type of in all. Yet providing the best image sharing experience is one reason many individuals love Facebook as well as we understood it would certainly be worth bringing these two companies together.

We're expecting collaborating with the Instagram team and to all of the great brand-new experiences we're mosting likely to have the ability to develop with each other.