Facebook has 1 m advertisers who’ll have to wait for video ads

Facebook has 1m advertisers, but they'll have to wait for video ads. The social network has said that 61% of its monthly active users have Liked at least one local business page, according to The Guardian.

The 1m milestone was announced by Facebook's director of global marketing solutions for small and medium-sized businesses, Dan Levy, on the company's blog.

"Businesses big and small are growing on Facebook and this is a very exciting milestone for us," said Facebook's vice-president of global marketing solutions Carolyn Everson, in a statement.


"Marketers can build personal relationships with their customers on the platform, at a scale which has never before been available."
The relationships aspect is something that Facebook is keen to push. Alongside the 1m announcement, the social network released other figures showing how engaged its users are in the UK and Europe with the pages of local businesses.


In the UK, businesses have notched up 295m "connections" with Facebook users – the aggregate number of Likes on their pages. Facebook has said that these pages attract a total of 55m views and 3m comments a week.