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Twitter now has 199 million average monetisable daily active users (mDAU), a 20 percent growth (year-on-year), driven by ongoing product improvements and global conversation around the pandemic.
The micro-blogging platform reported $1.04 billion in revenue for the Q1 2021, up 28 per cent (on-year), and a net income of $68 million. The advertising revenue reached $899 million, an increase of 32 percent.
"People turn to Twitter to see and talk about what's happening, and we are helping them find their interests more quickly while making it easier to follow and participate in conversations," Twitter CEO Jack Dorsey said in a statement late on Thursday.