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Sources say Instagram is estimated to be worth $100 billion dollars now. Previously, in 2012 Instagram was bought by Facebook for $1 billion dollars. According to Bloomberg, Instagram increased their value 100-fold after the six years of Facebook’s purchase.
Last week, research shows Instagram gain 1 billion users. Study believes this can add another $10 billion dollars in 2019. The trendy app is estimated to exceed two billion users by 2023.
However, Facebook has fallen 2.7 percent to $196.35.
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