Two months earlier, facebook acquired popular photo app Instagram for $ 1 billion. Worth it? Mark himself said that it is an important milestone for Facebook because it’s the first time they’ve ever acquired a product and company with so many users – especially when they’re all mobile users. To make up its underdevelopment in mobile internet, facebook’s new deal is more like buying a potential competitor and paving the way for a mobile strategy.
On the other hand, are you also expecting a Chinese Instagram and want to see it grow into a legend? Will Instagram’s story work in China?
Different SNS Environments
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