Recently the news has come o social media and now it is treading on the social media platforms that the leaders of the social media company’s customer products division informed the employees on Tuesday that Twitter is gearing up for its most aspiration quarter of user growth. Twitter is pointing to growing its monetizable everyday active users, or users who watch advertising, by 13 million this quarter, as per the internal meeting that was listened to by Reuters. This news went viral on the internet and lots of people are curious to know about the news, so here we will also discuss it and we will share it with you in this article so let’s starts the article.
According to the report, Leaders told the employees that it is a very big aim the team has ever set, they said that Twitter is on no track to reaching to aim and has presently gained 8.5 million in user growth. It is one of the best growth quarters to date. Twitter shares were up 1% in afternoon trading. As we know that Twitter is a very platform. Twitter, inc is an American communication company which is based in San Francisco, California. This company operates microblogging and social networking services.
Twitter gears up for most ambitious quarter of user growth
As per the report, The San Fransico based is continuing its ambition to allure new users even as its deal is to be obtained by billionaire Elon Musk remains uncertain. as we all know that Elon Musk is a business magnate and investor. He is the founder, Chief Engineer, and CEO, and Musk in a filing on Monday warned Twitter that he can walk away from the $44 billion deal if the company does not give data to allow him to independently substantiate spam and fake accounts on the social media platforms.
The company said in public filings that spam and fake accounts constitute fewer than 5% of quarterly monetizable everyday active users. A spokesperson for Twitter refused more comments. The fight in Ukraine boosted user activity on Twitter late in the first quarter, leaders said but time spent on the platforms refused 4% in the current quarter. Twitter said 20 million users during the second quarter of 2020. It’s a very big quarterly sequential growth since at least 2019. The company has fought to stay on track to reach its longer-term targets for both user growth and revenue. Now Twitter’s inner aim of 13 million in user growth exceeds wall Street’s expectations. Here we have shared all the information which we had, so stay tuned for more updates.
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