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shutterstock

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META

Meta bought Giphy for $315 million in 2020 but is now selling it to Shutterstock for $53 million

Per CNBC Shutterstock is now buying Giphy from Meta at a massive discount. Facebook's parent company purchased Giphy for $315 million in 2020 but was now selling it for a cash deal worth $53 million. In 2020, when the company bought Giphy for $315 million, UK's
23 May 2023 1 min read
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