Instagram passes the 100m user milestone

27 Feb 201386 Views

Instagram, the photo-sharing app company bought last year by Facebook ahead of its IPO for an estimated US$1bn, now has 100m active users worldwide.

Prior to its IPO last year, Facebook revealed it acquired Instagram for US$1bn. Post-IPO that figure was reduced to just over US$715m.

Instagram began as an iOS app that allowed users to not only apply filters to photos but also to share them within an Instagram social network.

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In the past year, Android and web versions of Instagram have emerged.

“This isn’t just a milestone for us as a company, but one for the entire Instagram community,” Instagram blogged last night.

John Kennedy is an award-winning technology journalist who served as editor of Siliconrepublic.com for 17 years.

editorial@siliconrepublic.com