Instagram is a photo- and video-sharing social networking service launched by Kevin Systrom and Mike Krieger in October 2010 and acquired by Facebook (later Meta Platforms) in 2012 for roughly $1 billion, a price that looked large at the time and modest in hindsight. It grew into one of the world's largest social platforms, particularly influential in fashion, celebrity culture and influencer marketing, and its Stories and Reels features have significantly shaped how short-form visual content is consumed online.
Facts
Classification
Sector (GICS) Offering Kind Connections
Associated With
Instagram is owned and operated by Meta Platforms, Inc.
Sources
1. Wikipedia, Instagram
WikipediaLead section, paragraph 1, opening sentence
Instagram is an American photo and short-form video sharing social networking service owned by Meta Platforms.
Lead section, paragraph 3, launch sentence
Instagram was launched for iOS in October 2010 by Kevin Systrom and the Brazilian software engineer Mike Krieger.
Introduction, GICS sector classification
Instagram is an American photo and short-form video sharing social networking service owned by Meta Platforms.
Introduction, offering kind classification
Instagram is an American photo and short-form video sharing social networking service owned by Meta Platforms.
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