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Tag: #instagram #said #to #generate #more #than #a #quarter #of #facebook #sales #

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Instagram Said to Generate More Than a Quarter of Facebook Sales

Posted on February 4, 2020

(Bloomberg) — Instagram, the photo-sharing app Facebook Inc. acquired for $715 million in 2012, generated more than a quarter of the social-media company’s revenue last year, according to people familiar with the matter.The app brought in about $20 billion in advertising revenue in 2019, said the people Read More »

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