Andre Yoskowitz
12 Dec 2014 14:29
Instagram has announced 300 million monthly active users, a huge jump year-over-year, and a number that surpasses Twitter.
The huge growth and the large active base will likely help the company to attract advertisers. The company recently began allowing for video ads and sponsored posts.
"As Instagram gets bigger, we're focused on helping you discover photos and videos from people who you care about, whether it's a friend or your favorite musician," says Instagram's CEO Kevin Systrom.
Additionally, users now share over 70 million photos/videos per day, a staggering figure.
In his blog post, Systrom also noted that celebrity and brand accounts will have new verification badges so you can ensure you are following the correct people. In addition, Instagram has been taking down thousands of spam and fake accounts in order to "do everything possible to keep Instagram free from the fake and spammy accounts that plague much of the web."