Instagram Hits 500 Million Users

Instagram has hit a major milestone of 500 million users online.

“Just eight months after celebrating its fifth birthday, Instagram is celebrating a new milestone: half a billion monthly active users, 300 million of whom use the photo-sharing service daily.

“It’s a big milestone for us because we set to create a community, not just a photo-sharing app,” Instagram co-founder and CEO Kevin Systrom tells TIME in an exclusive interview. “One of the things we said early on is that everyone can create a photo-sharing app, but not everyone can build a community that lasts. And [these 500 million users] are not in silos. They are all interacting with each other. It’s a global community, with over 80% of those people outside of the United States.”” [READ MORE]