Twitter sees revenue doubling in 2023, shares h…
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The average number of active users per day (mDAU) that can view ads is also expected to increase to at least 1 million by the end of 23.
By Sheila Dang (Reuters) – Twitter Inc said on Thursday it expected to double annual revenue to at least $ 7.5 billion and reach 315 million users in 2023, sending its shares up more than 8%. Twitter will boost its new features to increase revenue and Users, it said ahead of its investor presentation on Thursday. The social media network has struggled to catch up with larger rivals like Facebook and smaller viral apps like ByteDance's TikTok in offering features. But in recent months, it has made a push to launch services such as audio-chat, similar to that of viral app Clubhouse. “We know we'v… → Continue reading
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