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Facebook's UK revenue in just one year (around £1.2b) is 4-5x what it paid to buy Giphy ($300-400m). They could exit the UK market just to spite the UK, but it
by joshuaissac 5y ago
Facebook's UK revenue in just one year (around £1.2b) is 4-5x what it paid to buy Giphy ($300-400m). They could exit the UK market just to spite the UK, but it makes no business sense to do so.