On their official news site, Facebook has announced that they have reached the milestone of having over one million active advertisers. Active advertisers are companies or organizations that have advertised at least once in the last twenty eight days.
Facebook says that this has been made possible thanks to small businesses around the world.
Dan Levy, Facebook's Director of Small Business went on to say;
I know business owners like these invest their hard earned money and time into running their companies. So today, on behalf of everyone at Facebook, I want to say thank you to them and to the over one million businesses like them who are active advertisers. You have chosen Facebook as a partner to grow your business. We appreciate the chance to work with you, and we celebrate your success.
With Facebook moving deeper into the local business sphere, they will begin challenging the likes of Google Local and Google Places, and also taking a chuck of the available local advertising budgets from traditional sources like the Internet Yellow Pages.