Moreover, did Facebook Buy Giphy?
Facebook buys GIF company Giphy and plans to integrate it with Instagram. Facebook announced Friday that it is acquiring the animated-picture platform Giphy. The deal is reportedly valued at $400 million. Facebook will integrate Giphy into the Instagram app.
Subsequently, question is, why are GIFs not playing on Facebook? The main reason for Facebook's dislike of GIFs is that it's essentially a link like every other link, and Facebook really doesn't like those. To make the GIF lovers happy and lower the number of links in the status updates and comments, Facebook came up with the GIF button.
Also to know, why did Facebook purchase WhatsApp?
It is over 20 times larger than Facebook's Instagram acquisition, which made quite the splash in 2012. That begs the $22 billion question: why did Facebook break the bank to buy WhatsApp? The answer is user growth. 70% of WhatsApp users were active daily, compared to Facebook's 62%.
Where does Facebook get their GIFs?
Giphy
