Cementing its status as the leader in personal photo and video sharing, Instagram announced that it now has 800 million users, up 100 million since late April. More than 500 million of them are active every day.
This continued rapid growth for a giant social netowrk is rare and puts it on track to catch parent Facebook someday.
Instagram also tells TechCrunch that it now has 2 million advertisers on the platform, which is up from 1 million in March.