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How did Facebook buy Instagram?

Zoe Wilson | 2023-06-06 19:41:24 | page views：1203
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Harper Cooper

Studied at Massachusetts Institute of Technology (MIT), Lives in Cambridge. Currently conducting research in the field of artificial intelligence.
That all changed in 2012 when Facebook paid an astounding $1 billion to acquire Instagram. The Instagram acquisition let investors know that Facebook understood where the market was headed and was prepared to pay money to stay relevant to its clientele. In 2014, Facebook bought WhatsApp for $19 billion.
2023-06-13 19:41:24
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Lucas Martinez

QuesHub.com delivers expert answers and knowledge to you.
That all changed in 2012 when Facebook paid an astounding $1 billion to acquire Instagram. The Instagram acquisition let investors know that Facebook understood where the market was headed and was prepared to pay money to stay relevant to its clientele. In 2014, Facebook bought WhatsApp for $19 billion.
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