NEW YORK (TheStreet) -- As the world pores over Facebook's (FB) pending acquisition of virtual reality company Oculus, many are quick to shoot the deal down. Yet, following the acquisition of Instagram, perhaps Facebook deserves some breathing room and a little bit of credit.
Following Facebook CEO Mark Zuckerberg's comment about Instagram surpassing 200 million members, Instagram officially announced the number in a blog post. The photo-centric social network has gained an additional 50 million members in just the past six months, according to the post.
"To the 50 million of you who've joined in the last six months, welcome. We're so glad you're here. And from our team to all 200 million of you, thank you for making Instagram great. We can't wait to see what you'll create next," the company said on the post.
Not only has the company topped 200 million members, more than 20 billion photos have been shared to date, a number the company prides itself on.
Instagram was seen initially as a defensive move. Acquiring the popular app, which debuted first on Apple (AAPL) devices, then later came to Google (GOOG) Android and Microsoft's (MSFT) Windows Phone, was lauded as the right move. On the conference call to discuss the Oculus deal, Zuckerberg noted Facebook was hoping Instagram, which had 20 million members at the time of the transaction, would eventually get to 100 million, but it's far surpassed their expectations.