Gadgets News

Twitter gained more new users in 2020 as a result of the epidemic

[ad_1]

Twitter then benefits for the first quarter of 2021, I reflect on how the company has grown exponentially. On average, Twitter had 199 million daily users in Q1 2021, about 20% compared to 166 million Twitter fewer last year, when the growth of the COVID-19 epidemic was seen recently. Twitter grew rapidly outside the US last year; Daily users worldwide grew from 133 million in Q1 of 2020 to 162 million in the last quarter, a positive increase of 22%.

Amid the ongoing epidemic and the insane election in the US, it is not surprising that Twitter did well. The company seems to be growing well in the face of a host of controversial issues, and there is no doubt that it counts for 2020 very well. Consumer growth is a modest increase in revenue – Q1 revenues amounted to $ 1.04 billion, up from 28% per annum, and total revenue was $ 68 million. One year ago, Twitter lost $ 8 million, which is why we’re looking for a big change.

Twitter warned that the increase in active users in 2020 could mean that users would not grow rapidly in 2021. In a letter to shareholders, the company said that a “significant epidemic of epidemics” in 2020 could lead to an increase in the number of users at fewer numbers. year-on-year throughout 2021, with the lowest growth expected next quarter.

It also appears that the Twitter base was not bothered by his final decision to ban Donald Trump in January, perhaps.

Twitter is calling for a meeting with 6PM ET fundraisers, and we will update this article with whatever we may hear from there.

All sales selected by Engadget are selected by our publishing team, independent of our parent company. Some of our articles include helpful links. If you purchase one of these links, we will be able to make a donation.

[ad_2]

Source link

Related Articles

Leave a Reply

Back to top button