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Marcio Jose Sanchez / AP

More than 25 million businesses are on Instagram, the company announced today, which is up from 15 million in July.

Why it matters: Instagram has set itself up to be a top e-commerce social platform, which is key in drawing advertisers away from other social competitors.

By the numbers: The platform currently boasts more than 2 million small business advertisers. Most of the 25 million businesses are small businesses, and roughly one-third of those say they built their brands using the platform. Over 200 million daily active users on Instagram view at least one business profile each day.

Sound smart: Snapchat insiders will tell you that this focus on a wide business community is part of what makes Instagram feel less personal.

Go deeper: Instagram's parent company, Facebook, is very focused on building relationships with small businesses to bring them into its community of advertisers and creators.

Go deeper

The new Washington

Illustration: Sarah Grillo/Axios

The Axios subject-matter experts brief you on the incoming administration's plans and team.

Rep. Lou Correa tests positive for COVID-19

Lou Correa. Photo: Tom Williams/CQ-Roll Call, Inc via Getty Images

Rep. Lou Correa (D-Calif.) announced on Saturday that he has tested positive for the coronavirus.

Why it matters: Correa is the latest Democratic lawmaker to share his positive test results after last week's deadly Capitol riot. Correa did not shelter in the designated safe zone with his congressional colleagues during the siege, per a spokesperson, instead staying outside to help Capitol Police.

Far-right figure "Baked Alaska" arrested for involvement in Capitol siege

Photo: Shay Horse/NurPhoto via Getty Images

The FBI arrested far-right media figure Tim Gionet, known as "Baked Alaska," on Saturday for his involvement in last week's Capitol riot, according to a statement of facts filed in the U.S. District Court in the District of Columbia.

The state of play: Gionet was arrested in Houston on charges related to disorderly or disruptive conduct on the Capitol grounds or in any of the Capitol buildings with the intent to impede, disrupt, or disturb the orderly conduct of a session, per AP.