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June 25, 2018 06:52 pm GMT

Facebook Already Made 100-Fold Return On Instagram: Data

Facebook already made a 100-fold return on Instagram based on the social media platform’s value, Bloomberg Intelligence reports, citing its own market data and a subsequent analysis of the thereof. The Menlo Park, California-based firm acquired Instagram in April of 2012 for approximately $1 billion in cash and stock, with the newly collected information suggesting […]

The post Facebook Already Made 100-Fold Return On Instagram: Data appeared first on AndroidHeadlines.com |.


Original Link: https://www.androidheadlines.com/2018/06/facebook-already-made-100-fold-return-on-instagram-data.html

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