More Than Half of the 100 Million Users Instagram Added in the Last 9 Months Were From Europe or Asia.
Instagram has surged past 400 million users, surpassing Twitter, which has about 312 million. Instagram has added 100 million users in the last 9 months alone. Over 80 million photos are shared every single day. These numbers make Facebook’s $1 billion purchase of Instagram in 2012 seem like a wise move.
Twitter is showing signs of potential problems in the future as the company continues to search for a new CEO, with co-founder Jack Dorsey currently serving as interim CEO. Daniel Ives, the managing director of the technology, media, and telecom research group at FBR Capital Markets said the primary reason for Instagram’s massive growth is the “shift from a content perspective to pictures”, which he says has “played into Instagram’s strengths”.