Instagram hits 500 million monthly usersReuters Instagram has more than doubled in size over the past two years. The jump in Instagram users - and their advertising-pleasing demographics - has helped Facebook bill Instagram as a buy for marketers looking to increase awareness and spur sales. Instagram hit 400 million users in September. Instagram more than doubled in size over the past two years, adding 100 million active users faster than the previous 100 million, the Facebook-owned photo-sharing service said. Instagram now reaches more than 500 million people each month and 300 million each day, lengthening its lead over Twitter and underscoring Facebook's beachhead of popular mobile apps with escalating growth around the globe.

Source: Stuff June 21, 2016 22:20 UTC