Social-Media
Because of the pandemic, Twitter has gained more users.
Twitter recently released its first-quarter 2021 earnings, emphasizing how much the firm has expanded despite the current pandemic. According to estimates, Twitter has 199 million daily active users, a 20 percent increase from the previous 166 million active users.
This resulted in a rise in sales in the first quarter, which totaled $1.04 billion, a 28 percent increase from the previous $68 million. Since losing $8 million last year, Twitter seems to have made a remarkable recovery.
This increases are most noticeable as a result of the COVID-19 pandemic scenario, in which news of all kinds are shuffled across the platform. Furthermore, as a result of the dissemination of false vaccine reports, Twitter had to implement certain security measures in order to keep the situation under control.
However, the company has forecast that the growth rate will be lower by 2020, implying a drop in active users.
