Technology • Internet & Web
2020-05-15T19:49:14+00:00

Giphy to be bought by Facebook for $400 million

Giphy to be bought by Facebook for $400 million
Giphy Logo Credit: Giphy

According to a report by Axios, Facebook is set to acquire Giphy, an animated GIF online database and search engine founded in 2013, for $400 million. Giphy will supposedly keep its branding and will soon be integrated into Instagram.

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