Twitter's income also increased with user growth

Twitter’s income also increased with user growth

Posted on

Twitter News : The growth of social media platform Twitter is increasing continuously. This increase is happening not only in terms of revenue but also in terms of users. The company has released very good figures in its Q3. According to this, the company has crossed the 211 million mark in terms of active daily users. The company achieved revenue of $1.28 billion in Q3, an increase of 37 percent over the previous year.

Thus increasing users

According to the data released by the company, the Monetisable Daily Active Usage (mDAU) on Twitter has touched the figure of 211 million, achieving an increase of 5 million compared to the previous quarter. At the same time, the average number of international mDAUs on Twitter has been 174 million, this figure was 169 million in Q3 last year. In this quarter, the company has achieved a figure of $389 million in terms of net cash, from $215 million in Q3 last year. The company says that it is sticking to the target of generating $ 7.5 billion in revenue in 2023.

Success found even after Apple’s strictness

Let us tell you that this year some changes were made in the privacy from Apple. Because of this, Instagram and Facebook had to suffer a lot in revenue, but Twitter has registered this increase challenging Apple’s privacy change policy.

The company’s CEO is excited

Its CEO Dorji Cuffy is excited about the company’s good performance. He said that the company will continue to upgrade its machine learning system. The product will be further improved.

read this also

Fino Payments Bank IPO: Another earning opportunity is coming, on October 29, apply only 14000 rupees, you can get great profits!

Gold-Silver Rate Today: What is the retail price of gold today, what is the effect on the luster of silver, know here