Facebook, Inc. (NASDAQ: FB) has announced 5 million active advertisers, an increase from 4 million that was announced in September 2016. “If you think about over the last 13 years, we’ve been making progress on our mission of making the world more open and connected,” Facebook’s director of small business in North America, Katherine Shappley said. “Other people and businesses that they care about, and, of course, communities are at the heart of that.”
Active subscribers have increased at a rapid pace as the company announced 3 million active advertisers in March 2016 and 2 million in February 2015. The company has also announced their idea on expanding on language as they focus on invest from a consumers standpoint as well as a product standpoint.
“Another place we know we need to expand and iterate and continue to expand from is on language,” Shappley stated. “We, as a company, are continuing to invest from a people standpoint and a product standpoint.”