Introduction
Instagram is one of the most popular social media platforms, with over a billion active users. But have you ever wondered who owns Instagram?
History of Instagram
Instagram was launched in 2010 by Kevin Systrom and Mike Krieger. It quickly gained popularity as a photo-sharing app.
Acquisition by Facebook
In 2012, Facebook acquired Instagram for approximately $1 billion. Mark Zuckerberg, co-founder and CEO of Facebook, played a significant role in the acquisition.
Current Ownership
Instagram is now a subsidiary of Meta Platforms, Inc., a multinational technology and online social media company. Meta Platforms, Inc. was rebranded from Facebook, Inc. in 2021.
- Parent Company: Meta Platforms, Inc.
- Previous Parent Company: Facebook, Inc.