Instagram has announced that it now has more than 700 million monthly active users. The Facebook owned photo sharing app has added the last 100 million in just four months as it had 600 million users in December, while it took 6 months to go from 500 million to 600 million.
Instagram says this is the fastest growth it has registered. The company has attributed the increasing user growth to stories, live video and disappearing messages in Direct. Earlier this month, Instagram revealed that over 200 million people are using Instagram Stories every day.
Instagram and Facebook have been borrowing all the features from Snapchat and is giving latter a tough competition.