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Twitter says it targets 13 million user this quarter

Twitter says it targets 13 million user this quarter

June 10, 2022
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Home Technology

Twitter says it targets 13 million user this quarter

by News Wires
June 10, 2022
in Technology
Twitter leaders told employees that it is targeting 13 million daily active user growth this quarter.

Twitter leaders told employees that it is targeting 13 million daily active user growth this quarter.

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SAN FRANCISCO – Twitter leaders told employees that it is targeting 13 million daily active user growth this quarter.

This quarter, Twitter hopes to reach 13 million monetizable daily active users, or users who see advertisements.

Although Twitter gained 20 million users during the peak of the pandemic in the second quarter of 2020, the 13 million aims is the highest goal the team has ever set.

In terms of progress, officials stated the company has grown by 8.5 million users in the first quarter, which they called “one of the finest growth quarters to date.”

The San Francisco-based company is maintaining ambitious growth targets as its deal to be acquired by billionaire Elon Musk remains uncertain.

The company has said in public filings that spam and fake accounts represent fewer than 5% of quarterly monetizable daily active users.

Twitter did not immediately respond to a request for further comment.

In April, Twitter reported that it had added 12 million new users during the first quarter. It also withdrew goals to reach 315 million users and $7.5 billion in annual revenue by the end of 2023, citing the pending acquisition by Musk.

Tags: Elon MusktechnologyTwitter

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