What does the letter "k" stand for in instagramm and other services?

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dearname2015-08-13 15:58:08

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dearname, 2015-08-13 15:58:08

What does the letter "k" stand for in instagramm and other services?
I often see the letter "k" in foreign (adapted to Russian) letters. For example, 25.4k likes. What does this "k" stand for? If the word "mowers", then a counter question: After all, the word "mowers" is slang, why are quite large resources officially using it?

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Alexey Ukolov, 2015-08-13
@dearname

K is a thousand because kilo .