Facebook is going to report their Q1 2017 earnings on May 3, 2017 and Instagram is in the headlines!

Key Points:

  1. Instagram grew to 700 million monthly active users this month
  2. 80% of users are from outside the U.S.
  3. 200 million people used Instagram Stories every day as of April 2017
  4. Both Twitter and Snapchat added less monthly active users and user growth is slowing down
  5. 1 million active advertisers on Instagram now

It’s only a matter of time before Instagram reaches 1 billion active users like it’s older brother Facebook.

So, hop on the Instagram bandwagon before it hits maturity!

For further reading, check out the links below

  1. CNBC
  2. Variety
  3. Techcrunch
  4. Recode
  5. The Verge