Facebook Buys Giphy For $400 Million, Will Be Part Of Instagram
If you use Stories and Direct feature on Instagram, then all of your GIF probably come from GIPHY. Now Facebook has acquired one of the most popular GIF creation and sharing platforms, GIPHY as part of their Instagram team. Facebook Buys GIPHY The incident was reported by Axios and later confirmed by Facebook in a blogpost and although Facebook didn’t mention the financial terms, Axios says that Facebook bought the GIF creation and sharing platform for around $400 million....