Tuesday 7 January 2014

New and Digital #3

                               Twitter more than triples its UK revenues to £46m


Twitter

Social network expected to make more than £180m by the end of 2015, according to the eMarketer report. 

Twitter is becoming highly successful as it's expected to jump to more than £180bn by end of 2015, it would make £46.3m this year, from advertising and licensing. This would essentially beat Google's UK digital ad revenues as they will be £2.6bn this year, which is expected to rise to £3.4bn by the end of 2015. With coming after Facebook, Facebook are only generated £333million in revenue, and only forcasted to make £516m by 2015. This shows how fast Twitter UK is growing and as it's popular amongst politicians, celebrities and professional people. 

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