Ny Digital Ny Digital

Facebook to Acquire Giphy Meme-Sharing Site for Reported $400 Million

Reading now: 339
variety.com

By Todd Spangler NY Digital Editor Facebook is snapping up Giphy in a deal reported to be worth $400 million, and the social giant plans to combine the GIF and sticker-sharing company’s services primarily with Instagram. “Giphy makes everyday conversations more entertaining, and so we plan to further integrate their GIF library into Instagram and our other apps so that people can find just the right way to express themselves,” Facebook said in announcing the acquisition Friday.

Read more on variety.com
The website starsalert.com is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA