CNET reports:
“Instagram users have embraced the application’s just-released video feature by uploading 5 million videos in the first 24 hours of the feature’s availability, a company representative told CNET.
At peak, Instagram users uploaded 40 hours of video per minute. The climactic moment came Thursday night as the Miami Heat defeated the San Antonio Spurs during the NBA Finals, the representative said.â€
You may think five million is a big number, right ? Well it is, but Instagram contains about 130 million active user, which it says uploaded a year’s worth of video in the first 8 hours.
With that kind of power, you really have to wonder where Vine goes from here. The Twitter-owned video sharing network boasts a user base of just 13 million, though its app has maintained a top position in the App Store since it launched.