When Did Facebook Buy Instagram at Buying

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When Did Facebook Buy Instagram. Instagram had just 30 million users when it was bought two years after its 2010 launch. Full statement by mark zuckerberg.

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After all, the purchase is 27 percent of facebook's revenue in 2011, and instagram doesn't really have a business model. Contributor 10:06 am pdt • april 9, 2012. When did facebook acquire instagram?

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Facebook is paying $1bn (£629m) in cash and stock for the takeover. The announcement brings more questions than answers, but i think i have an. It’s been five years, but some believe more money and more users are just part of the reward. He went against the advice of his board and said no, confident that he could build facebook to be bigger on his own.