Instagram revealed last week at an event in NYC that it now has over 800m users using the app every month, and 500m people using the service every day.
It has added over 100m new monthly active users since April 2017.
Excited to announce 800M users, 500M daily users, and 2M advertisers on Instagram. Honored to be a small part of this team.
— Kevin Weil (@kevinweil) September 25, 2017
In addition to this, Instagram also has 2m advertisers using the platform, up from 1m in March.
With the announcement, the platform announced new moderation features that are set to roll out to both public and private accounts.
This will build upon safer messages, and enable users to block any account from commenting on their posts.
Instagram also revealed that time spent by users viewing video on Instagram is up by 80% year-over-year, and users are producing four times as much video every day than they were last year.