This is the Incagram's extraordinary value

This is the Incagram's extraordinary value

The value of the Instagram photo app is estimated at more than $100 billion, according to analysts. Facebook purchased Instagrams for $1 billion in 2012 and recently reached one billion users per month. Now the photo app is worth about a hundred times its purchase six years ago, broadcasts [...]

The value of the Instagram photo app is estimated at more than $100 billion, according to analysts.

Facebook purchased Instagrams for $1 billion in 2012 and recently reached one billion users per month.

Now the photo app is worth about a hundred times its purchase six years ago, broadcasts news.net.

Photo application has increased faster than the main Facebook app and must continue to grow. Over the next five years, the threshold of two billion monthly users has passed, Cnet reports.

Next year, he will be responsible for 16 percent of sales in the Facebook empire. In 2017 it was still 10.6 percent.

Last week, Instagram started I GTV, its mobile application for video content.

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