Now Instagram has reached 600 million monthly active users. The users of the Instagram has risen day by day. The Instagram has been owned by Facebook.
Earlier this month, Instagram added a feature that lets users save posts for later viewing. It also started rolling out Live videos on Stories to all users in the US. It has also working on updates to promote more frequent, spontaneous sharing within the app.
In 2 years, Instagram's user base has doubled from 300 million to 600 million monthly users. It reached 500 million users in June, adding its latest 600 million users in 6 months.
Instagram is expected to generate about $1.5 billion in mobile advertising sales this year and $5 billion in 2018. It also has been pushing into mobile shopping. It has launched a series of new tools last month to encourage product browsing within the app.