Instagram value of $ 35 billion - more than 49 times the amount spent 715 million Facebook

Instagram

Instagram value of $ 35 billion - more than 49 times the amount spent 715 million Facebook

Citigroup thinks photo sharing service Instagram is now worth $35 billion—nearly double its previous valuation and a price tag the bank characterized as "conservative."

Facebook bought Instagram in late 2012 for a final price tag of $715 million, meaning the service is now worth about 49 times what the social network paid for it.

In a research note Friday, Citi said the higher valuation was "due to faster audience growth as well as continued monetization gains by social media properties."

Citi raised its price target for Facebook to $91 from $86 on the basis of Instagram's higher valuation.

At $35 billion, Instagram would be worth about 50 percent more than Twitter, and would also be worth more than social networks like Yelp and LinkedIn.

October, 2010: Launched for iPhone
December, 2010: 1 million users
June, 2011: 5 million
September, 2011: 10 million
April 3, 2012: 30 million users on the iPhone, launched Instagram for Android.
April 4, 2012: 1 million Android users within 24 hours
April 9, 2012: 5 million users of Android and Facebook acquired Instagram
April 30, 2012: 50 million
February, 2013: 100 million
September, 2013: 150 million
March, 2014: 200 million
December, 2014: 300 million

The History of Cryptocurrency

Cryptocurrencies have become increasingly popular, with Bitcoin, Ethereum, Litecoin, and Ripple leading the way. You can see the whole crypto price list on any large trading platform (like WhiteBIT) or crypto rankings like Coinmarketcap). Let’s see the history of cryptocurrency

How to post with colorful background on Facebook Android

A recent Facebook update has added a status post feature with a colorful background, making the status stand out even more.

Fix the error of failing to access Facebook by wifi, 3G on iOS

Fix the error that you cannot access Facebook using wifi, 3G on iOS to help you access Facebook on your iPad, iPhone.

iPhone cant install Viber?

There are many reasons that cause your phone to not install viber may be due to not receiving the code during the installation process, or the version of viber you downloaded is not compatible with the device's firmware, or simply by installing improper ...

What is LINE Lite? Instructions for downloading LINE Lite for Android

LINE Lite is a shortened version of LINE, with a capacity of less than 1MB, will help install on all Android devices from low to high configuration.

Windows 10 build 9901 download ISO file

Video call Zalo call on Android

Recently, Zalo has updated the feature of video calling on its app which is currently only supported on Android.

Messenger updates flower messages on iOS and Android

Messenger updates the message with flowers on iOS and Android to help you send messages with flowers around the message.

How to send files via Zalo on Android

Recent update Zalo has allowed users to send files (Word, Excel, Text, ...) on the phone.

Video calling from Facebook Messenger on iOS platform

Facebook and Messenger are two fairly popular software on smartphones, with Video calling feature that will help you contact directly and see the face of your family and relatives.

How to download videos from Facebook, Youtube on iPhone with the same application

Is there a simple and easiest way to download videos from Facebook, Youtube on iPhone?

Turn off spontaneous video on Facebook Android

This article will help you to turn off video spontaneous on Facebook Android to help you save more internet data.

Viber cannot send pictures on the operating system on the iPhone

Viber cannot send pictures on iPhone because the device does not turn on location. If you turn off location, Viber returns error message that cannot send images or images pending.

Install Minecraft, manage Minecraft versions

Minecraft Launcher is an indispensable software for Minecraft players, helping you experience many different versions of the game and manage your account and resources well.

Top App for iPhone

View Hot way for Android App

Instructions for installing Windows 10 Technical Preview and what needs attention

The useful shortcut keystrokes on a computer keyboard

Instagram value of $ 35 billion - more than 49 times the amount spent 715 million Facebook

Samsung launches Galaxy Alpha dorsum with leather - very limited quantities, only sold in France