Twitter India recorded a 17% increase in revenue during the 2016-2017 period, which makes the country Twitter’s biggest market outside of the United States.
As reported by Economic Times, Twitter’s net profit saw an increase of 15% to INR Rs.4 crore. Meanwhile its rival, Facebook India has seen an increase in its revenue by 93% to Rs 341.8 crore; and the profit has increased from Rs. 31 crores to Rs. 40 crores, while Google India sales jumped 44% to Rs 7,208.9 crore in FY17.
A Twitter spokesperson clarified that the report showed the operating revenue for Twitter Communications Read full story ›
Source: The Drum
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