- Joined
- May 18, 1997
- Messages
- 56,238
Given that younger users are avoiding Facebook more and more, it is telling that maybe Facebook saw all that coming? Quartz is reporting that Facebook's $1B investment in Instagram is now worth $100B. Given that I am an old fart, I don't use Instagram (or Facebook), but when I do, it is because someone sent me a link that usually has someone without much clothing on. You people have to stop that. JK. pr0nstagram FTW.
Users are spending nearly as much time on Instagram as they are on Facebook. According to a recent report, that’s about 53 minutes per day for Android users. Market analysis firm eMarketer also recently estimated that Instagram now accounts for nearly 30% of Facebook’s net mobile ad revenue, with that share potentially growing to 40% by 2020.
Users are spending nearly as much time on Instagram as they are on Facebook. According to a recent report, that’s about 53 minutes per day for Android users. Market analysis firm eMarketer also recently estimated that Instagram now accounts for nearly 30% of Facebook’s net mobile ad revenue, with that share potentially growing to 40% by 2020.