It used to be really popular in 2017 (double the popularity of Atom/Sublime/Webstorm), now it's just eating everyone's lunch (triple the popularity of Sublime/Vim/Webstorm/Atom, almost equal to all of them combined).
Also Atom is declining sharply.
Compare https://2018.stateofjs.com/other-tools/ to https://2017.stateofjs.com/2017/other-tools/
Anyway, props to Redmond for a major coup — from webdev pariah to owner of the most popular development platforms in just a couple of years! It took both money and sincere dedication, but they managed to effectively turn around the external perception of Microsoft in this field.
I have 3 editors I regularly use, emacs when I need to edit something in a terminal (eg ssh'ed somewhere), Intellij when I need a full blown IDE (refactoring and debugging), VSCode for everything else.
It's fast, well updated, works well ...