So the other day it was reported that the number of Vine downloads had slowed after Instagram announced that the photo sharing service would be getting a video sharing feature as well. Now it seems that not only has Vine’s downloads started to decline, but it has been reported by analytics firm, Topsy, that the number of shared Vine links on Twitter has declined from 2.5 million on the 19th of June, to 1.5 million on the 20th of June, a drop of around 1 million in a day! This comes on the heels of earlier stats which showed that Vine shares had surpassed that of Instagram.
This is definitely not good news for the folks at Twitter who owns Vine, plus we can only imagine it has to sting a little, especially since Twitter missed out on the opportunity to acquire Instagram before it was bought out by their social media rival, Facebook, for a whopping $1 billion. This decline in shares could be temporary as users might be curious as to what Instagram’s video feature could offer before deciding on which service to use on a more permanent basis, so we guess we’ll just have to wait and see how this one plays out. What do you guys think? Do you prefer Vine over Instagram’s video feature?