Published: Jun 06, 2023 12:16:41 pm
Twitter’s Ad Revenue Plummets: Social media platform Twitter was once considered a very beneficial platform. But in the recent past, there has been a huge decline in its revenue. Especially in ad revenue. But do you know what is the reason for this? Let’s know.
Twitter’s ad revenue goes down
Twitter is one of the most popular and used social media platforms worldwide. And when it comes to the most effective social media platforms, Twitter is at the top of the list. But if Twitter is seen only as a social media, then it will not be right. Twitter is also a business and Twitter as a business has tremendous potential. Looking at these possibilities of Twitter, Elon Musk bought Twitter on October 27 last year. Allen spent $44 billion to take over Twitter. Many people were calling this deal of Alan very expensive. However, Allen always expressed confidence in himself and believed that he would get tremendous benefits from Twitter in terms of business. But Allen’s confidence in himself and Twitter’s business did not prove to be true and Twitter has suffered a lot in the last 7 months.
Source: Patrika : India's Leading Hindi News Portal by www.patrika.com.
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