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Webpack 2 is a module bundler for JavaScript applications. It allows developers to bundle and package their code, including stylesheets, images, and other assets, into a single file or group of files that can be loaded and run on a web page or server. It also supports code splitting and tree shaking, which helps to optimize the performance of the application. Webpack 2 is commonly used in web development and is a valuable skill for front-end developers.

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