Business of Apps estimates 66% of 18-to-24-year-olds, 60% of 25-to-34-year-olds, and 49% of 35-44-year-olds use Instagram. Instagram is a good way to reach younger people. Instagram users can share individual photos or use the Stories feature to create stories. Unlike Facebook, WhatsApp, Facebook Messenger, and Wexin/WeChat, Instagram was built as a video and photo-sharing app. TikTok had 1.05 billion monthly users in July 2023. TikTok, the world’s fastest-growing social platform, is a video and image-sharing app. Other enormous social media companies, including TikTok, WeChat, and WhatsApp, also enable photo and video sharing. Facebook had 2.95 billion monthly users this year. Facebook, the world’s most popular social media platform, relies heavily on photo and video sharing to attract users. YouTube was the world’s second most popular social media app, with 2.5 billion users in 2023. Instagram is the second most popular video-sharing app after Alphabet’s (NASDAQ: GOOG) YouTube. Only Facebook, YouTube, and WhatsApp have more users than Instagram, Statista estimates. View Meta’s Chart & Financial Data on TradingView Instagram Competitors Stock Chart & Price (Click for Live Chart Data & Financials on TradingView) There is no stock chart for Instagram, but there is a stock chart with the ticker META where you can see the performance of Instagram, Facebook, and WhatsApp. (Ticker: META), does have a stock price of $296 in 2023, which is 45% lower than its all-time high of $379, which was reached in August 2021. The owner of Instagram, Meta Platforms Inc. Instagram has no stock price because the organization is not listed on any stock exchange. Buying Meta stock is essentially the same as making a direct investment in Instagram. is the parent company of Instagram and owns 100% of the Instagram stock. The stock symbol for Instagram is because Meta Platforms Inc. (Ticker: META), as Instagram is a subsidiary of Meta Platforms Inc. You can buy stock in the company that owns Instagram, Meta Platforms Inc. You cannot buy stock in Instagram directly because Instagram is not a publicly listed company. Instagram is now the fourth-largest social media network globally, with over 2 billion active users this year. They originally designed Instagram for the Apple iPhone to enable photo & video sharing. Kevin Systrom and Mike Krieger launched Instagram, or Insta, on iOS in October 2010. 5 Ways to Invest in Instagram or Its Competitors.Meta also reported it had made $28.6 billion in quarterly revenue in a first-quarter earnings report in April, outpacing analyst estimates of $27.7 billion and sending its stock to a 15-month high, just two months after Meta notched its best day at the stock market in nearly 10 years February, when Meta unveiled a $40 billion stock buyback. Zuckerberg attributed the measure to “macroeconomic downturn” when the social media giant cut another 4,000 employees in April. The company underwent two major rounds of layoffs this year affecting roughly 10,000 of its 87,000 employees, including 6,000 who were let go in May. Share prices of Meta have now climbed more than 137% year-to-date following a pair of better-than-expected earnings reports and as Zuckerberg looked to trim costs. And Musk has introduced a series of features hoping to raise revenue and transform the network into a so-called marketplace of ideas. Twitter has struggled to hang onto advertisers over concerns that hate speech could proliferate on the platform. Meta’s response to Twitter, one of its biggest rivals, follows a turbulent year for Musk’s social media platform, as the platform faces criticism for lifting its moderation policy on online speech. Instagram Threads marks Meta’s latest response to social media rivals, including video shorts platform TikTok and photo messaging app Snapchat, introducing Instagram Reels and Instagram Stories, respectively.
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