Facebook's Instagram Could Generate Nearly $9 Billion In Sales This Year

Facebook's (NASDAQ: FB) billion-dollar acquisition of Instagram in 2012 seemed utterly insane at the time. The photo/video sharing service had just a handful of employees back then and less than 30 million registered users. In the years since, Facebook has executed incredibly well with growing Instagram, which is well on its way to becoming Facebook's fourth billion-user platform, alongside Facebook, WhatsApp, and Messenger.

Topics:  facebook's nasdaq   fb    facebook   whatsapp   messenger   september   maus   street   instagram   billion   year   million   users   

 

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