Twitter expects annual revenue to double in 2023
Global Economy
25 February, 2021, 08:05 pm
Last modified: 25 February, 2021, 08:15 pm
The social network expects to reach at least 315 million monetizable daily active users (mDAU) by the fourth quarter of 2023
The company said fleets would be rolled out to all users on iOS and Android in the coming days. Photo: Reuters
Twitter Inc said on Thursday it expects to double its annual revenue to at least $7.5 billion in 2023.
The social network expects to reach at least 315 million monetizable daily active users (mDAU) by the fourth quarter of 2023.
Twitter defines mDAU as the number of daily users who can view ads.
The company's shares were up nearly 7% in trading before the bell.
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