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TRENDING: Instagram Is Estimated to Be Worth More than $100 Billion
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26-06-2018 13:10:20 .
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Facebook Inc. ’s Instagram is estimated to be worth more than $100 billion, if it were stand alone company, marking 100 fold return for the app purchased in 2012, according to data compiled by Bloomberg Intelligence. 
 
The photo sharing platform, which reached billion monthly active users earlier this month, will likely help nudge Instagram revenue. 
 
Instagram is attracting new users faster than Facebook’s main site and is on track to exceed billion users. 
 
While the social network already has surpassed that milestone, Instagram’s audience is younger than its parent, making it more attractive to advertisers. And unlike Facebook, Instagram is still growing in the U. S. 
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photo-sharing stand-alone advertisers attracting attractive purchased milestone estimated according surpassed
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