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How Many Users Did Twitter Lose?
In a recent article, how many users did Twitter lose? It was a hot topic on Twitter as the share price fell and #RIPTwitter trended. The social network is facing problems, with its revenue down and user growth slowed. In addition, its loss last year was $221m, putting its stock price under pressure. This article looks at the factors that contributed to Twitter’s decline and what the future holds for the social network.
#RIPTwitter trended on Tuesday
As a result, the hashtag #RIPTwitter has begun trending on Twitter. The hashtag began trending after Twitter experimented with a new feature called fleets. This new feature allows users to post fleeting thoughts. Like Instagram Stories and Snapchat, fleets don’t allow retweets and likes. This has sparked criticism among users and led to #RIPTwitter trending.
A few days after the hashtag trended on Twitter, another rumor began to surface. A report from Buzzfeed alleged that Twitter is planning to change its timeline algorithm. Instead of displaying tweets in chronological order, they will now be displayed in priority. To see also : How Do You Buy Twitter Stock?. Users expressed their displeasure with this change on Twitter, and the hashtag quickly became one of the top global trends on Twitter. RIP Twitter is a sentiment that can’t be denied.
Twitter’s user growth has slowed
Twitter’s user growth has slowed to a crawl. The company’s MAU base is now only five times larger than Facebook‘s. It added 2 million new MAUs sequentially last quarter, versus Facebook’s 50 million. Its user growth is also coming from abroad, where monetization is weaker. But, the company hasn’t given up yet. It’s also not responding to investor questions about how much monetizable users it has.
While Twitter has always been competing with Facebook and Google for users, its rapid growth has been slowing. The social networking site recently announced a new CEO, Jack Dorsey, who has run Square. This may interest you : How to See How Many Times a Hashtag Has Been Used on Twitter. Although Twitter’s CEO has been busy with the business of building Square, he has declared that user growth has slowed down. The company also revealed that early MAU additions in the third quarter were disappointing – they only grew eight percent year-over-year and grew 3% internationally.
Its share price is under pressure
With a market cap of just over $50 billion, and $4 billion in cash on its balance sheet, Twitter can handle a $809.5 million loss. The risks, however, are related to the company’s valuation levels and general market sentiment. Read also : Why is Twitter So Toxic?. While Twitter has outlasted changes in Apple’s IDFA policy that led to a fall in its share price, it isn’t immune to threats in the market.
If Elon Musk decides to pull out, Twitter could pocket the $1 billion and invest it in R&D and more acquisitions to grow its business. It is unclear whether this deal will happen, but Twitter may benefit from the additional capital and give new CEO Parag Agrawal a chance to prove his mettle. With new leadership, Twitter could re-energize its business and revive its share price. So, if the company is ready to take on a new CEO, it will be well worth its current price.
Its annual loss of $221m
The company, founded in 2006 by Jack Dorsey, Noah Glass, Biz Stone and Evan Williams, reported an annual loss of $221 million. The number of daily active users, a measure of whether a user views ads on the website, increased by six million to 217 million, however, the number fell short of Wall Street’s expectations of 218.5 million. Revenue rose, but costs grew faster than revenue. Additionally, Twitter’s forecast for its first quarter revenue fell short of analysts’ expectations.
The company believes adjusted free cash flow is useful because it provides a more conservative measure of cash flows. However, adjusted free cash flow does not necessarily represent funds available for discretionary use or to meet cash needs. Additionally, Twitter does not present these non-GAAP financial measures as a substitute for GAAP financial information. Since they are not prepared based on standardized methodologies, these measures cannot be easily compared to similarly titled measures provided by other companies.
Its user demographics
Several statistics have been compiled for Twitter’s user demographics. In the United States, the majority of users are male. However, as of January 2022, women made up over a third of Twitter’s audience. The age group with the highest usage of Twitter is the thirty to 49-year-old demographic. The gender of users on Twitter varies by region and by country, and the majority of Twitter’s users are between the ages of 18 and 29.
The United States is the most popular country for Twitter users, accounting for nearly two-thirds of its overall user base. However, Japan, Canada, and the United Kingdom make up the top five countries by user number. The US account for the largest portion of Twitter users worldwide – 22% – is followed by the Japanese and the British at 12.6% and 6.01%, respectively. In terms of geographical location, most active users log into Twitter from their mobile devices.
