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?
In 2012, Facebook acquired Instagram for approximately $1 billion. At the time, Instagram had around 30 million users.
Parent Company
Instagram is owned by Meta Platforms, Inc., a multinational technology and online social media company. Meta was founded in 2004 by Mark Zuckerberg, along with his college roommates and fellow Harvard University students Eduardo Saverin, Andrew McCollum, Dustin Moskovitz, and Chris Hughes.
- Meta Platforms, Inc. is a multinational technology company
- Founded in 2004 by Mark Zuckerberg and his college roommates
- Headquartered in Menlo Park, California
History of Instagram
Instagram was launched in 2010 by Kevin Systrom and Mike Krieger. The app quickly gained popularity, and by 2012, it had become one of the most popular photo-sharing apps.