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GIPHY

GIPHY

Platform for sharing animated GIFs and stickers

About

GIPHY specializes in providing animated GIFs, clips, and stickers to enhance online communication. Users can search, discover, and share a wide variety of animated content across different categories, and they can also create their own GIFs from videos or images, adding captions and stickers for customization. This content can be easily shared on social media platforms like Facebook, Twitter, and Instagram. GIPHY stands out from competitors by offering a free extensive library of animated content, which attracts a large user base and creates valuable advertising opportunities. The company generates revenue through sponsored content and partnerships with brands, allowing them to feature their GIFs prominently on the platform. GIPHY's goal is to make online communication more engaging and expressive while providing brands with effective advertising solutions.

Company Stage

M&A

Employees

51-200

Industries

Consumer Goods

Total Funding

$547.8M

Headquarters

N/A

Founded

2013


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Simplify's Take

What believers are saying

  • GIPHY's acquisition by Shutterstock could provide new resources and opportunities for growth and innovation.
  • The platform's high user engagement offers valuable advertising opportunities, making it an attractive place for brands to invest.
  • GIPHY's role in popular campaigns, like 'Seize the Awkward,' highlights its influence and potential for impactful collaborations.

What critics are saying

  • The forced sale to Shutterstock at a significant loss indicates potential instability and financial challenges.
  • The competitive digital media landscape requires constant innovation to maintain user interest and market position.

What makes GIPHY unique

  • GIPHY's extensive library of animated GIFs, clips, and stickers makes it a go-to platform for expressive digital communication, unlike competitors with more limited offerings.
  • The platform's ability to create and customize GIFs from various media sources provides a unique user-generated content experience that sets it apart.
  • GIPHY's partnerships with entertainment companies and sports leagues for exclusive content drive higher user engagement and brand visibility.

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