Meta Sells Giphy to Shutterstock for $53m - Facebook Marketing and Meta Platforms Forum forum at WebmasterWorld - WebmasterWorld

Forum Moderators: not2easy

Message Too Old, No Replies

Meta Sells Giphy to Shutterstock for $53m

engine

4:23 pm on May 23, 2023 (gmt 0)

WebmasterWorld Administrator

10+ Year Member

Top Contributors Of The Month

Meta was forced to sell Giphy [webmasterworld.com] and the deal is now done with Shutterstock the new owners for $53 million.

Earlier story Facebook Acquires GIF Hosting Platform GIPHY [webmasterworld.com]

tangor

4:44 am on May 27, 2023 (gmt 0)

WebmasterWorld Senior Member

10+ Year Member

Top Contributors Of The Month

Kind of sounds like a bad investment. FB (at the time) bought the property for $400m.