Instagram Revenue is Rising!
Instagram, the world famous photo sharing platform purchased by Facebook for nearly $1 billion in 2012 is projected to bring in $5.8 billion in revenue by 2020! With more monthly active users than mega-social platform Twitter, Instagram is estimated to be worth around $33 billion! At the end of this year the largest photo sharing network is projected to bring in around $700 million. There’s massive money in photo sharing!