Instagram reports 500m users
June 22, 2016
Instagram has reported that here are now 500 million active users of its photo-sharing app Instagram. Over 300 million use it at least once a day, it added.
The service was bought by Facebook in 2012, and has grown rapidly ever since. According to the company, an average of 95 million photos and videos are posted every day.
In its five and a half years, Instagram has surpassed Twitter, thanks in part to its adoption by high-profile celebrities.
Other posts by :
- UK trims Orbex investment
- Euro-bank sets up €500m space fund
- Revenue jump forecast for Eutelsat
- Moody’s upgrades Eutelsat’s debt rating
- Rivada Space Networks wins spectrum dispute
- Eutelsat shareholders upset over Rights Issue
- Amazon Leo satellites en route to French Guiana
- Deutsche Bank reveals targets for AST SpaceMobile
