Which company is listed as Giphy's parent company?

Shutterstock is listed as GIPHY’s parent company. The ownership changed after Shutterstock purchased Giphy, Inc. from Meta Platforms in 2023, making the GIF platform a Shutterstock subsidiary rather than a Meta property.

GIPHY was founded in February 2013 by Alex Chung and Jace Cooke as a searchable database for animated GIFs. It later expanded into stickers, artist pages, brand partnerships, application integrations, and tools that let people search for visual reactions inside messaging and social platforms. Meta agreed to acquire Giphy in 2020, but the deal faced scrutiny from the United Kingdom’s Competition and Markets Authority.

The regulatory process ultimately required Meta to divest Giphy. Shutterstock announced a purchase agreement in May 2023 and completed the acquisition on June 23 for $53 million in cash. This history explains why older trivia pages may name Meta as Giphy’s owner. That answer was once accurate, but Shutterstock is the current parent company reflected in the question’s listed choices.