Stay updated with breaking news from Twitter Growth. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
Twitter shares sank more than 12% on Friday after the social media company warned the current quarter could be its worse as it eyed a weaker 2021.
Image by Free-Photos from Pixabay Twitter now has 199 million average monetisable daily active users (mDAU), a 20 percent growth (year-on-year), driven by ongoing product improvements and global conversation around the pandemic. The micro-blogging platform reported $1.04 billion in revenue for the Q1 2021, up 28 per cent (on-year), and a net income of $68 million. The advertising revenue reached $899 million, an increase of 32 percent. "People turn to Twitter to see and talk about what's happening, and we are helping them find their interests more quickly while making it easier to follow and...