Introduction
Instagram is one of the most popular social media platforms, with over 1 billion active users. But have you ever wondered who owns Instagram?
In 2012, Facebook acquired Instagram for approximately $1 billion. Today, Instagram is a subsidiary of Meta Platforms, Inc., a multinational technology and online social media company.
History of Instagram
Instagram was founded in 2010 by Kevin Systrom and Mike Krieger. The app quickly gained popularity, and by 2012, it had already gained 30 million users.
- In 2012, Facebook acquired Instagram.
- In 2018, Facebook rebranded as Meta Platforms, Inc.
Impact on Users and Developers
The ownership of Instagram has significant implications for users and developers. With Meta's resources and expertise, Instagram continues to innovate and improve its features.