00:00It's Benzinga, bringing Wall Street to Main Street.
00:02Meta CEO Mark Zuckerberg announced on Wednesday that Instagram has surpassed 3 billion monthly
00:06active users, according to CNBC. Zuckerberg called Instagram's 3 billion users an incredible
00:11community, marking a milestone for the app Meta bought in 2012 for $1 billion.
00:16Meta last reported that Instagram had 2 billion monthly users in October 2022.
00:20Since ending quarterly user disclosures in April 2024, Meta has reported family-wide
00:25daily actives, which hit $3.48 billion in July.
00:28Instagram's monthly active users now match Facebook and WhatsApp, which Zuckerberg said
00:32earlier this year, each in top $3 billion.
00:34For all things money, visit Benzinga.com.
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