It seems that Instagram is increasingly encouraging its users to share their current locations. Previously, they introduced Friend Map and most recently, their messaging platform Direct Message or DM has been added with a new location sharing feature.
Like WhatsApp, in Instagram DM you can now share your current location directly. In other words, Live Location is now in DM. Press the plus icon in DM, then select Location and press Share Location. This will continue to share your current location directly for 1 hour, this duration cannot be changed like in WhatsApp.
Instagram has also added another feature, where users can now add a nickname during conversations in group DMs. In addition, 17 new sticker packs have been added with now more than 300 stickers available for use in DMs.