- - Social Media
- -- Facebook Marketing
- ---- Facebook buys Instagram photo sharing network for $1bn
RonPK - 5:57 pm on Apr 9, 2012 (gmt 0)
That's a lot of money for a company that has yet to make a dime/penny.
But then it can't that be hard for Facebook to put their ad system on Instagram. And of course a fresh bunch of users (=growth) is a nice asset for a company that intends to go public.
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