Sign up for our daily briefing
Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Catch up on coronavirus stories and special reports, curated by Mike Allen everyday
Denver news in your inbox
Catch up on the most important stories affecting your hometown with Axios Denver
Des Moines news in your inbox
Catch up on the most important stories affecting your hometown with Axios Des Moines
Minneapolis-St. Paul news in your inbox
Catch up on the most important stories affecting your hometown with Axios Twin Cities
Tampa Bay news in your inbox
Catch up on the most important stories affecting your hometown with Axios Tampa Bay
Charlotte news in your inbox
Catch up on the most important stories affecting your hometown with Axios Charlotte
clasesdeperiodismo
In an interview with Reuters, Facebook COO Sheryl Sandberg said the tech giant plans to announce Monday they are now working with more than 5 million advertising partners, up 1 million from September.
Earlier this month, Facebook announced that its photo platform, Instagram, has officially reached 1 million ad partners, with the growth fueled mainly by small business advertisers.
Why it matters: This is a huge feat for Facebook, which told investors to expect ad revenue to "come down meaningfully" in 2017, as newsfeed display ad space became saturated. Sandberg acknowledged the saturation problem to Reuters saying that the 5 million milestone shows that Facebook has room to grow despite its massive scale. For content, see how Facebook makes its money in one chart.