Jillian D’onfro says, “As more brands move their money to mobile advertising, Facebook has continued to shine above the rest of the market.

The company drove one-third of all US digital ad growth for the fifth straight quarter in Q1, Morgan Stanley analysts write in a note, and Facebook’s business is accelerating while overall ad growth in the market is slowing.

“Facebook – with its still-low pricing, industry leading reach and cross-platform targeting – is the main beneficiary and driver of the continued movement of ad dollars onto mobile,” Morgan Stanley analysts write in a summary note on Q1 ads.

Google still reels in much more revenue than Facebook on mobile advertising overall. But, according to company numbers and Morgan Stanley research, Facebook is on track to start winning more new ad dollars than Google“.

It looks like Facebook could soon pass Google on one major ad metric

Business Insider

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