Instagram Has 1 Billion Monthly Users, Now the Fastest Growing Social Network – Tech News| Tech News
Instagram revealed this week that it now has 1 billion monthly active users, up from the 800 million reported in September 2017.
This increase in monthly users makes Instagram the fastest growing social network at the moment — by a considerably margin.
While Facebook has more overall users, its growth in monthly users has stalled to just 3.14 percent. Snapchat is growing even slower, at a rate of 2.13 percent.
Instagram, on the other hand, is growing nearly 5 percent from quarter to quarter.
Stories have become wildly popular on Instagram, and the amount of people publishing stories has eclipsed Snapchat’s entire userbase.
I would be remiss not to mention Snapchat’s redesign, which has been poorly received by both users and critics.