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Re:Facebook may be forced to sell Giphy one year after buyin... by DJPocari on Thursday August 12, 2021 @01:46PM (#28159255)
I was just talking to someone yesterday about how strange it is that Giphy is on Snapchat, even though Facebook now owns it. I thought $400 million was a lot for a GIF platform, but in a world with $28 billion deals like Slack, it doesn't seem too far fetched. The more I think about it, the more it makes sense. It's not just a money making play, but a power play.

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