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What's The Value Of A Selfie?

Logo Newsletter | Thu 2nd Jun 2016
 
Remember back in 2013 when Facebook paid USD1bn for Instagram. At the time many marketing and investment experts called the acquisition wildly over-priced. It doesn't look like such a silly purchase now does it. With more than 400m users the photo sharing app is expected to make USD1.4bn in revenue this year, as it ramps up its tools for businesses and proves it's much more than the world's largest archive of selfies. We look at how essential it's become in this week's marketing newsletter. Elsewhere we analyse Twitter's focus on content and size up the trends in fashion tech.
Ben Graham | Senior Reporter
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This Week on Pivotl

Instagram Is Now Essential To Businesses

One of the most-important social media platforms, Instagram, which Facebook acquired in 2013 for USD1bn, now counts more than 400m users, more than Twitter or Snapchat. It's also becoming increasingly essential for brands and businesses.
Read more →

Ben Graham  |  1st June 2016
  Instagram Is Now Essential To Businesses
 

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Company: Smartkarma
Investment: $4.7M
Country: Singapore
     
Investors: Jungle Ventures      
     
Wavemaker      
     
Company: Clarity Money
Investment: $2.5M
Country: USA
     
Investors: Undisclosed      
     
     
Company: ClearTax
Investment: $2M
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Investors: FF Angel      
     
Sequoia Capital      
     
Company: TransferWise
Investment: $26M
Country: UK
     
Investors: Andreessen Horowitz      
     
Valar Ventures      
     
     
M&A Deals
Company: Demandware
Price: $2.8B
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Buyers: Salesforce      
     
     
Company: Marketo
Price: $1.79B
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Buyers: Vista Equity Partners      
     
     
     
 
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Harry Sholto ThompsonHarry Sholto Thompson
Commercial Manager
harry.thompson@pivotl.com
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Tom O'MearaTom O'Meara
Editorial Director
editorial@pivotl.com
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What's The Value Of A Selfie? What's The Value Of A Selfie? Reviewed by Hoa phong lan on 09:32:00 Rating: 5

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