Abstract
Facebook
bought Giphy
$
400 million deal
Support
will be available in all apps of Facebook
Details
The world's largest
social media company, Facebook, has bought the world's largest animated photo
(GIFs) website, Giphy. Giphy is a big name in the world of creating GIFs files.
Facebook has done this deal to support GIFs in its photo sharing app Instagram.
Facebook has given the details of the deal in one of its blog posts.
Read More: Now Use Mitron a swadeshi app in place of TikTok, 5 million people already using is it
Facebook has not given
any information about the price of this deal, but according to the news website
Axios, the deal has been done for $ 400 million i.e. about Rs 3,035 crore.
Explain that in the year 2015, this same Giphy had talked about a partnership
with Facebook and said that it should support Giphy on its platform, but
Facebook rejected the offer during that time.
Following the deal,
Giphy will become part of the Facebook-owned photo sharing app Instagram. Its
GIF library will be integrated into Facebook other apps besides Instagram.
After this, people will get the opportunity to upload GIFs on all platforms of
Facebook.
Currently, to share GIF
on Facebook platform, it has to be downloaded separately. Let us know that
earlier in the year 2018, there was a deal regarding GIF Company. Google had
purchased the GIF platform Tenor and gave its support in its search.
No comments:
Post a Comment