external Facebook Stands to Make About $340 Million in 2014 from Instagram Ads —Business Insider

instagramlogo_1Facebook has been waiting a while for Instagram to start making good on the $700+ million the social network spent to buy the photo sharing service, and it seems like that wait wasn’t in vain.

After the announcement that US Instagrammers would start seeing ads soon, a couple of business analysts at Evercore put their heads together and estimated that the social network stands to make approximately $340 million in ad revenue from Instagram in 2014 alone.

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