February 1, 2025

Number of Twitter users and revenue increased by a record level

twitter growth

Twitter users Social networking website Twitter recorded more business than expected in the fourth quarter of its fiscal 2019

twitter growth

According to the French news agency Statista, Twitter has earned $ 1 billion for the first time, with an 11% increase in advertising revenue by increasing the number of subscribers (more than 32 million).

Stock market share prices have also risen by 8% due to concerns over declining revenue generated by advertising. According to the report, 152 million users (more than 15 million) users use Twitter daily, up 21% over last year.

Twitter CEO Jack Dorsey says this year has been great for Twitter, and the results show that we have ensured greater ease of use for Twitter in accordance with the new requirements.

twitter revenue growth

Jack Dorsey says that as we enter 2020, we are rapidly learning and presenting our momentum and becoming part of a team that has enormous amount of talent.

Read More: Twitter exposed 17 million users mobile numbers

Twitter is nowadays trying to counter the pace of major social media platforms like Facebook and Instagram, and trying to make its website more and more convenient for users.

Experts say the rise in Twitter revenue shows that advertisers‘ confidence in Twitter has increased, and the main reason for this is an average of more than 15 million users using Twitter daily.

Experts also say that the ban on political advertising by Twitter and tightening policy on fake news and rumors have also boosted advertising companies’ trust in Twitter.

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