Saturday, 16 May 2020

Facebook Buys Giphy to Integrate GIF Website With Instagram.Worth $400 millions.

Recently Facebook share a information on their personal blog. That facebook has bought  GIFs  to world best GIFs maker company GIPHY to worth $400 million . GIPHY is american online data based research company which allow to animated videos with no sound .That we called GIFs files.

In 2015 GIPHY gave a proposal to facebook for support of GIFs file but that time facebook refused that proposal . Now recently deal have done with giant social media company facebook. 
Now it will be become a part of instagram which is  photo-sharing site owned by facebook .After this deal facebook offer  GIFs file on their all plateforms.

Know about GIPHY ;-

 Giphy was founded by Alex Chung and Jace Cooke in February 2013 (7 Year ago). This is  subsidiary  type of site which available in 32 languages. Company Hadquater located in New York Loss Angeles USA. Company work on GIFs platform and provide searching ,sharing,and browsing animated GIFs.


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