Instagram shared news of hitting 700 million monthly active users (MAUs) in a post:
We’re thrilled to announce that our community has grown to more than 700 million Instagrammers. And the last 100 million of you joined faster than ever. We’ve made it even easier for people across the globe to join the Instagram community, share their experiences and strengthen connections to their friends and passions. With new features like Stories, Live video and disappearing messages in Direct, people now have more ways than ever to express themselves and feel closer to what matters to them.
Instagram has cloned Snapchat’s idea of disappearing videos, which we have seen integrated in its sister app Facebook.
With this much competition, do you think Instgram will make it to 1 billion users by the end of 2017?