Instagram Overview Updated August 17, 2017

Instagram

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125 Instagram stories

September 2011 - August 2017


Instagram is a social media service owned by Facebook for sharing photos and videos. Instagram launched in 2010 exclusively as an iOS app and didn’t come to Android and the web until 2012.

Facebook acquired Instagram in April of 2012 for $1 billion. Facebook also offered to buy Instagram’s closest competitor Snapchat back in 2013 for $3 billion.

In June of 2017 Instagram shared that it reached 250M daily users, surpassing its rival Snapchat by almost 100M. It also has over 700M total users.

Instagram has been criticized for taking popular features from Snapchat such as face filters, stories, and stickers. The company also has plans moving forward to introduce more business focused features.

Instagram Stories August 17

AAPL: 157.86

-3.09

Instagram Stories August 15

AAPL: 161.60

1.75

Instagram Stories August 8

AAPL: 160.08

1.27

Live video broadcasting has become a standard feature in apps like Facebook and YouTube since being popularized by Meerkat then Periscope, and now Instagram is looking to take the feature to the next step. Instagram is starting to test two-person live broadcasting for select users with a new split-screen layout.

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Instagram Stories August 2

AAPL: 157.14

7.09

It’s been a whole year since Instagram rolled out its Snapchat-cloned Stories feature that lets users share ephemeral photos and videos on the service, and today Instagram has shared new data on Stories changing user engagement.

Earlier this summer Instagram shared that its Stories feature has 250 million users. Now Instagram says Stories has also helped increase the amount of time users spend in the app.

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Instagram Stories July 6

AAPL: 142.73

-1.36
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