Instagram is worth $35 billion, according to Citigroup

Instagram
Feed-fb

When Facebook bought Instagram for $1 billion in April 2012, the price tag came as a shock to many

A little more than two years later, Citigroup said Instagram is worth $35 billion, a number that the bank called “conservative” in a research note on Facebook issued Friday

It is another piece of good news in what has been a stellar 2014 for Instagram. The photo-sharing app recently hit …

More about Social Media, Instagram, Business, Media, and Facebook …read more

Via: Mashable: Media

Be first to comment


− one = 1