Instagram now has 700 million users, with 100 million added since December

Facebook-owned photo sharing app Instagram now boasts 700 million active users, with 100 million coming on board since December. Instagram has added various new ways to share photos, boomerangs, videos as well as stories. 

Facebook bought Instagram for 1 Billion when it realized it could not compete with the popular photo sharing app. Since then, Instagram's evolved by emulating features found on other popular image sharing services, most notably Snap.

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.

Instagram's 700 million number is up from 600 million in December (which Instagram alludes to above) and actually doubled from just two years ago. There are also 1 million active advertisers in Instagram right now as the property figures out to monetize the service. 

Source: Instagram