Instagram and Snap Inc., the company behind Snapchat, are expected to see massive revenue growth over the next couple years, according to a research note released by Citi Research. If Citi's predictions pan out, Instagram will reach almost $10 billion in revenue by 2019, while the smaller but highly popular Snapchat may hit the $3 billion mark. The reasons for each apps' growth differ, however. As far as Instagram goes, the company enjoys a massive user base of about 500 million, which is largel...
Instagram and Snap Inc., the company behind Snapchat, are expected to see massive revenue growth over the next couple years, according to a research note released by Citi Research. If Citi's predictions pan out, Instagram will reach almost $10 billion in revenue by 2019, while the smaller but highly popular Snapchat may hit the $3 billion mark. The reasons for each apps' growth differ, however. As far as Instagram goes, the company enjoys a massive user base of about 500 million, which is largel...
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