
Instagram is red hot. The Facebook owned social media site has doubled the number of its subscribers from 150 million in September 2013, to the current total of 300 million. According to Nomura Securities analyst Anthony DiClemente, this means that the number of Instagram subscribers currently tops the number of Twitter members, pegged at 284 million.
The analyst said that Instagram is also growing its user base faster than Twitter is. On a year-over-year basis, the number of Instagram subscribers rose 22% in the third quarter. That figure comes from the bean counters at Barclays, and will ...
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