Instagram Estimated to Now Be Worth Over $100 Billion USD

Facebook originally bought Instagram for $1 billion USD.

Instagram 100 Billion USD dollar Estimated Valuation value 2018
Jaap Arriens/Nurphoto/Getty Images
Tech & Gadgets
5.7K 11 Comments

Instagram is now estimated to be worth over $100 billion USD if it were a standalone company. The photo app was bought by Facebook for $1 billion USD in 2012 and has since increased its value 100-fold. The photo-/video-sharing app recently announced it had reached a billion active users and has been drawing in new users faster than Facebook has, with analysts believing it will exceed two billion users in five more years.

Recently, the company announced a bigger push into video with the introduction of IGTV, a platform that will allow high-profile users to post longer visuals.

Read Full Article

What to Read Next

Kelce Brothers Reportedly Ink Three-Year Podcast Deal Worth Over $100 Million USD
Sports 

Kelce Brothers Reportedly Ink Three-Year Podcast Deal Worth Over $100 Million USD

With Amazon’s Wondery.
By /
794   2 Comments
'Wicked' Eyes $100 Million USD Domestic Box Office Debut
Fashion

'Wicked' Eyes $100 Million USD Domestic Box Office Debut

‘Gladiator II’ is projected to follow behind the Jon M. Chu-directed pic with $65 million USD.
By /
2.2K   2 Comments
Instagram Users Can Now Publicly Comment on Stories
Tech & Gadgets

Instagram Users Can Now Publicly Comment on Stories

Only mutuals, however, can comment on one another’s Stories.
By /
4.8K   2 Comments
Elon Musk Becomes First Person Ever To Reach $400 Billion USD Net Worth
Tech & Gadgets 

Elon Musk Becomes First Person Ever To Reach $400 Billion USD Net Worth

Cementing his title as the world’s richest person in this historic first.
By /
6.7K   5 Comments
Reebok Revives Clunky DMX Daytona OG
Footwear

Reebok Revives Clunky DMX Daytona OG

The retro runner is coming back.
By /
10.1K   6 Comments
Best Art Drops: KAWS x 'Sesame Street,' George Condo Painting & More
Art 

Best Art Drops: KAWS x 'Sesame Street,' George Condo Painting & More

Including a ‘Chanel Pill’ skateboard by Canadian artist DENIAL.
By /
23.4K   4 Comments
Nike LeBron 15 Low "Triple Black" Drops Soon
Footwear

Nike LeBron 15 Low "Triple Black" Drops Soon

Similar to King James’ ‘Zero Dark Thirty’ zone.
By /
6.8K   4 Comments
Stream Chaka Khan's New Single With Major Lazer's Switch, "Like Sugar"
Music

Stream Chaka Khan's New Single With Major Lazer's Switch, "Like Sugar"

The legendary singer’s first song in over ten years.
By /
1.8K   0 Comments
You Can Now Race in 'Mario Kart 8 Deluxe' Using Nintendo Labo
Gaming

You Can Now Race in 'Mario Kart 8 Deluxe' Using Nintendo Labo

The first Nintendo game updated to use the Toy-Con.
By /
2.8K   4 Comments
Vetements & Reebok Drop Two Screaming Neon Instapump Furys
Footwear

Vetements & Reebok Drop Two Screaming Neon Instapump Furys

So loud you can hear them.
By /
8.0K   14 Comments
Death Grips Share New 'Year of The Snitch' Instrumental Album
Music

Death Grips Share New 'Year of The Snitch' Instrumental Album

Just days after the LP’s release.
By /
1.0K   1 Comments
'The Predator' Red Band Trailer Features the Franchise's Latest Hybrid Species
Entertainment

'The Predator' Red Band Trailer Features the Franchise's Latest Hybrid Species

And not the ‘AvP’ hybrid.
By /
21.1K   17 Comments
Todd Snyder & New Balance Rejoin for Subtly Premium 998
Footwear

Todd Snyder & New Balance Rejoin for Subtly Premium 998

The “Dark & Stormy” is the pair’s fifth collaboration.
By /
8.2K   2 Comments
Kiko Kostadinov Presents Futuristic Workwear for Mackintosh 0004 Collection
Fashion

Kiko Kostadinov Presents Futuristic Workwear for Mackintosh 0004 Collection

Using lead as its key material.
By /
9.2K   6 Comments
More ▾