Instagram is on a success high recently, just in the last few weeks it was reported that Instagram’s Stories feature had become more popular than Snapchat it self, which is now a direct competitor. Stories now has 200m users everyday, compared to Snap’s 158m daily users. According to latest stats.
As of today, Instagram announced that it now has 700 million active users, 100 million of which have joined in the past four months. The company, which has been owned by Facebook since 2012 has said the recent growth was down to them making finding friends easier and also the signing up process.