Instagram is adding their version of face filters, like those populiarized on Snapchat. (Jaap Arriens/NurPhoto/Sipa USA/TNS)
Facebook Inc’s Instagram is estimated to be worth more than US$100bil (RM402.20bil), if it were a stand-alone company, marking a 100-fold return for the app was purchased in 2012, according to data compiled by Bloomberg Intelligence.
The photo-sharing platform, which reached 1 billion monthly active users earlier this month, will likely help nudge Instagram revenue past US$10bil (RM40.22bil) over the next 12 months, Bloomberg Intelligence analyst Jitendra Waral wrote in a report June 25.
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