Facebook acquires Giphy, a GIF creating and sharing platform for USD 400 Million

Facebook acquires Giphy, a GIF creating and sharing platform for USD 400 Million

Facebook has announced it will acquire New York based Giphy in a deal worth USD 400 Million. Giphy will be a part of photo sharing app Instagram, which was in 2012 acquired by Facebook for USD 1 Billion.

Gaurav
Gaurav
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