Does Facebook Own Instagram 2019

Facebook just bought Instagram for $1 billion in cash money 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 customers currently.

What's terrific about it is that it is really quick - especially contrasted to Facebook.

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

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

Mark Zuckerberg just introduced the information on Facebook:

I'm excited to share the information that we have actually consented to acquire Instagram and that their talented team will certainly be joining Facebook.

For several years, we've concentrated on constructing the most effective experience for sharing photos with your loved ones. Currently, we'll have the ability to function much more carefully with the Instagram group to likewise offer the most effective experiences for sharing stunning mobile pictures with individuals based upon your rate of interests.

Our company believe these are different experiences that match each other. Yet in order to do this well, we require to be conscious regarding maintaining and also improving Instagram's strengths as well as functions instead of simply trying to incorporate every little thing into Facebook.

That's why we're devoted to structure as well as growing Instagram independently. Countless individuals all over the world like the Instagram app as well as the brand connected with it, and also our goal is to help spread this application and also brand name to much more people.

We think the truth that Instagram is attached to other services past Facebook is an important part of the experience. We intend on keeping features like the capacity to post to various other social networks, the capacity to not share your Instagrams on Facebook if you desire, and the capacity to have fans as well as adhere to individuals separately from your good friends on Facebook.

These and also many other attributes are essential parts of the Instagram experience and we comprehend that. We will attempt to gain from Instagram's experience to develop comparable features right into our other items. At the same time, we will certainly attempt to help Instagram continue to expand by utilizing Facebook's strong design group as well as framework.

This is an important turning point for Facebook because it's the very first time we have actually ever gotten an item as well as firm with numerous users. We don't intend on doing many more of these, if any in all. Yet offering the very best picture sharing experience is one reason many people love Facebook as well as we understood it would certainly be worth bringing these 2 companies with each other.

We're looking forward to dealing with the Instagram team and to every one of the terrific new experiences we're mosting likely to have the ability to build with each other.