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Twitter unveils possible new features as it looks to double annual revenue by 2023

Friday 26 February 2021 | 09:49 CET | News
Twitter plans to introduce a subscription service for content creators and said it would explore tipping, as it looks to double its annual revenue and accelerate user growth over the next few years, the Wall Street Journal reported, citing a company announcement made during an online event for analysts. Twitter said it wants to reach at least USD 7.5 billion in revenue by 2023, up from 3.7 billion made in 2020. The company expects its daily user base to increase to at least 315 million by end-2023, an advance of around 20 percent per year.

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Categories: Internet
Companies: Twitter
Countries: World
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