Instagram has announced today that it has reached over 150 million active users, and according to The Wall Street Journal they are also preparing to introduce advertising within the next year. Since being acquired byFacebook last year, Instagram has added more than 100 million users. The company has added 20 million users since June of this year.
No date has been communicated when Instagram will start displaying ads to its users. The company expanded to 50employees, including four staff who manage relationships with brands.Ads will reportedly start from big companies like Ford, and Coca-Cola just last week. “We want to make money in the long-term, but we don’t have any short-term pressure,” White told the Journal.