Twitter posts $132m net loss amid slow user growth
Wednesday, 30 April 2014 - 14:22
The social networking site Twitter has
announced that it made a net loss of 132 million dollars in the first
three months of 2014.However, it posted quarterly revenue of 250 million dollars, 226 million dollars of which was made through advertising.
The number of active users grew to 255 million, up 5.8% on the previous quarter, but lower than expected.
