“In fact, the company revealed in its annual 10-K filed Feb. 29 that it has lost more than $2 billion in total since launching a decade ago.”
“Despite having the most powerful person in the world as a loyal user, Twitter TWTR, Tech30 failed to add any new monthly active users globally during the June quarter. Even worse, it’s now losing users in the U.S.”
“Twitter, which has been struggling to keep pace in the fast-moving world of social media, reported a net loss of $116 million in the second quarter, slightly wider than its $107 million loss a year ago.”
“On the advertising front, Twitter said ad engagements grew 95 percent year over year, while the cost per ad engagement declined 53 percent.”
“Twitter’s Promoted Trends Fee Soars To $200,000 A Day”
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