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Instagram Reels went from TikTok clone to a $50 billion business for Meta

Instagram Reels went from TikTok clone to a $50 billion business for Meta

Instagram Reels went from TikTok clone to a $50 billion business for Meta Meta’s Reels began as a hasty response to TikTok’s viral dominance. Five years later, the company’s short-form video product has become one of its most significant revenue engines – expected to generate as much as Coca-Cola or Nike – and is now [...]

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