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Re:Facebook to Buy Giphy for $400M by snissn on Friday May 15, 2020 @10:50AM (#23192835)
They're integrated into a lot of apps and maybe even apple's OS. In addition to those integration and business relationships they probably have some sort of data sharing / ad tech thingy that's worth some money on its own.
Re:Facebook to Buy Giphy for $400M by kennxfl on Friday May 15, 2020 @10:53AM (#23192872)
Makes sense because Whatsapp is a client.