The most popular photo-sharing application Instagram has crossed more than 600 million active users. As new features have gained popularity, user base of the Facebook Inc. owned company has risen with immense quantity in a very short span of time.
In an announcement made through blog post, Instagram declared that it has added almost 100 million users since June. Since then, the company has introduced flamboyant new features like picture & video slideshow and Instagram stories; following the footsteps of arch-rival Snapchat.
As reported by research firm eMarketer, the company is expected to add almost $1.5 billion, generated through advertising, in Facebook revenue.