When Did Facebook Buy Instagram 2019

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

When Did Facebook Buy Instagram



Facebook Buy Instagram


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

What's fantastic regarding it is that it is really quick - particularly contrasted to Facebook.

With the Facebook iPhone app, there are 6 screens a customer needs to go with prior to a customer can really take a picture. With Instagram, there is one.

In February, we defined Instagram as the most significant threat to Facebook.

Mark Zuckerberg just introduced the information on Facebook:

I'm thrilled to share the information that we've accepted obtain Instagram which their skilled group will be joining Facebook.

For many years, we have actually focused on building the very best experience for sharing images with your friends and family. Currently, we'll be able to work even more carefully with the Instagram team to additionally supply the best experiences for sharing attractive mobile images with people based upon your passions.

We believe these are various experiences that match each other. However in order to do this well, we require to be conscious about keeping and also improving Instagram's toughness and features instead of simply attempting to incorporate everything into Facebook.

That's why we're dedicated to building and growing Instagram individually. Countless people around the world like the Instagram app and also the brand name associated with it, and our objective is to help spread this app as well as brand name to a lot more people.

We believe the fact that Instagram is connected to other services beyond Facebook is a fundamental part of the experience. We plan on keeping attributes like the ability to post to various other social media networks, the capability to not share your Instagrams on Facebook if you want, and the capacity to have fans and also adhere to individuals independently from your good friends on Facebook.

These as well as several various other functions are necessary parts of the Instagram experience and also we comprehend that. We will certainly attempt to learn from Instagram's experience to build similar functions into our other products. At the same time, we will try to assist Instagram continue to grow by using Facebook's strong engineering team and facilities.

This is a vital landmark for Facebook because it's the very first time we've ever before acquired an item and also company with numerous users. We do not plan on doing much more of these, if any kind of in all. Yet giving the best image sharing experience is one reason why so many people like Facebook and we understood it would certainly be worth bringing these two business together.

We're eagerly anticipating dealing with the Instagram group and to all of the great new experiences we're going to have the ability to construct with each other.