Will Twitter final one other 10 years?

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#LoveTwitter: that is your invitation code to the tenth anniversary celebration of the world’s second hottest social networking website.

Twitter 10th Birthday

On March 21, ten years in the past, Twitter started its journey as its co-founder Jack Dorsey posted the primary tweet ever: “simply establishing my twttr.”

The micoblogging website has since come a great distance, with its customers creating 500 million tweets per day and 200 billion tweets yearly.

The corporate went public in late 2013 and reported $710m in income for the complete yr of 2015.

It hosted a few of the largest social actions prior to now decade the world over. It was in Mumbai when the town was underneath assaults in 2008, it gave voice to the protesters when the Arab Spring lashed within the Center East and have become the meeting level when main calamities struck and accidents occurred.

TwitterMilestones(1)

Slowing consumer progress

It now has 320m lively customers and continues to be rising, however at a relatively sluggish fee, a factor that Twitter actually wants to fret about.

Its month-to-month lively customers (MAUs) excluding SMS-solely customers have been 305m for the fourth quarter, down from 307m within the earlier quarter. The determine, towards Fb’s 1.5bn members, was far under of analysts’ prediction of 323m customers.

Nevertheless, Twitter has religion in its CEO Jack Dorsey, who rolled out “Moments” final yr, a function that helps customers in addition to manufacturers curate the most effective of tweets, movies and pictures.

“It feels nice that we now have readability round the place we’re going and what we seem like on the finish of the yr and the way to construct off that,” stated Dorsey in an interview given to Bloomberg.

Supply: Press Launch

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