Thursday, 27 July 2017

Twitter stalls, fails to add new users this quarter

Twitter did not add any new monthly active users in the past three months, but said 12 percent more users are accessing the site on a daily basis than in the same quarter last year. The number of monthly active users stands at 328 million, but the company declined to disclose a daily active user number, according to Bloomberg.

"We're strengthening our execution, which gives us confidence that our product improvements will continue to contribute to meaningful increases in daily active usage,” Twitter CEO Jack Dorsey said in a statement on the company’s second quarter earnings. “We're also encouraged by the progress we're making executing against our top revenue generating priorities as we focus on making Twitter the best place to see and...

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from
https://www.theverge.com/2017/7/27/16049120/twitter-q2-earnings-report-mau-shares

from
http://ifeeltechinc.blogspot.com/2017/07/twitter-stalls-fails-to-add-new-users.html

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