Instagram has recently announced that its monthly users have doubled over the past few year. Instagram is becoming popular due to its self-destruct messages, Stories and Live Video that has been recently introduced.

Apart from users, the company is also showing growth in advertisers which is up to 500,000. In current year the social giant will produce 1.5 billion in revenue. The Direct message also has up to 300 million users.

Instagram team has a lot more to share in the app and it is quickly developing it to capture more and more market. CEO Kevin Systrom is very ambitious on this auspicious occasion.

“Instagram is going from a place to share highlights to a place where you can share all of the moments of your day in a pressure-free space.”-Kevin Weil, head of product, Instagram