What a month it has been for Instagram. The lean and mean social photography app was just acquired by Facebook for a jaw-dropping $1 billion. Instagram for Android also launched at the beginning of April and has seen unprecedented growth.
Last we heard Instagram was wielding 30 million users, making it the biggest mobile-only social network in existence. According to new data, Instagram has now hit over 40 million users, and the app is averaging around one million new signups per day.
The creator of Gramfeed, a website for viewing photos on Instagram, has concluded that the app reached the 40 million user milestone within the last 24 hours. Based on the Instagram API, user valentinoelbuti was the 40 millionth person to signup. Instagram has not officially confirmed the number yet.
Considering the Android version of Instagram saw 5 million downloads in its first 5 days on Google Play, it makes total sense for the network as a whole to have arrived at this milestone already. Following the news of the Facebook buyout, Instagram also shot to the top of the iOS App Store charts. It currently sits in the number two position.
What this proves is that Facebook swooped in at the right time. Instagram is growing at an extremely fast pace, and the app will assuredly gain 60 million users over the next couple months.
[via The Next Web]
