Is Instagram Owned by Facebook 2019

Facebook just purchased Instagram for $1 billion in cash and also supply.

Is Instagram Owned By Facebook



Facebook Buy Instagram


Instagram is a mobile-only photo-sharing app. It expanded 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 very quick - specifically compared to Facebook.

With the Facebook iPhone application, there are 6 screens an individual needs to go through before a customer can really take a picture. With Instagram, there is one.

In February, we described Instagram as the most significant risk to Facebook.

Mark Zuckerberg just revealed the information on Facebook:

I'm thrilled to share the news that we've agreed to get Instagram which their gifted group will be joining Facebook.

For several years, we've concentrated on constructing the best experience for sharing images with your friends and family. Now, we'll have the ability to function a lot more closely with the Instagram group to also offer the very best experiences for sharing gorgeous mobile images with people based on your interests.

We believe these are different experiences that match each other. But in order to do this well, we need to be conscious about keeping as well as improving Instagram's staminas and also functions as opposed to just trying to incorporate every little thing into Facebook.

That's why we're devoted to structure and growing Instagram separately. Millions of people worldwide enjoy the Instagram application and also the brand connected with it, and our objective is to assist spread this app as well as brand name to much more people.

We assume the truth that Instagram is attached to other services beyond Facebook is an important part of the experience. We intend on maintaining attributes like the capacity to publish to various other social networks, the capability to not share your Instagrams on Facebook if you desire, and also the capacity to have followers and also follow individuals individually from your buddies on Facebook.

These as well as several other attributes are very important parts of the Instagram experience as well as we understand that. We will certainly attempt to learn from Instagram's experience to develop similar features right into our various other products. At the same time, we will certainly attempt to assist Instagram remain to grow by utilizing Facebook's strong engineering group as well as framework.

This is an essential turning point for Facebook because it's the very first time we've ever before gotten an item and also firm with a lot of users. We do not plan on doing many more of these, if any kind of at all. Yet offering the very best photo sharing experience is one reason so many people love Facebook and we knew it would certainly deserve bringing these two firms together.

We're anticipating dealing with the Instagram team and also to all of the terrific new experiences we're going to be able to construct together.