Instagram Now Has 1 Billion Monthly Active Users Worldwide
Instagram has officially announced that it now has 1 billion monthly active users worldwide. The platform had passed 800 million users in September last year. As noted by The Verge, the platform seems to be adding 200 million users every year.
Instagram has also launched a standalone IGTV app that'll feature long-form vertical videos in an attempt to compete with YouTube and Snapchat's Discover section. With 1 billion users on board, even legacy brands may be turning to content creators and opportunities on Instagram, just like they did for Facebook.
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