The analyst estimated the company’s value Instagram

The platform is attracting new users faster than Facebook.

Over the next 12 months, the profit of the social network Instagram will exceed $ 10 billion.

To such conclusion the analyst Bloomberg Intelligence Dzhitendry Viral, transfers the Internet-the edition with reference to .

According to him, the platform is attracting new users faster than the social network Facebook.

In June, the platform has surpassed 1 billion active monthly users, and it can double this figure over the next five years.

It is also noted that Instagram younger audience than Facebook, making the platform more attractive to advertisers.”If Instagram was an independent company, its cost would have amounted to more than $ 100 billion,” notes Bloomberg.