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Twitter’s Ad Revenue to Hit $150M This Year

eMarketer: Twitter’s ad revenue will reach US$150 million in 2011 and $250 million next year. Most of Twitter’s revenue will come from the U.S., according to the report. Facebook generated US$1.86 billion in revenue in 2010, according to eMarketers. MySpace laid off 500 employees, or about 47 percent of its global staff, earlier this month. The social networking site will generate $4 billion this year and $5.7 billion in 2012, the report says.”]

Source: https://www.csoonline.com/article/2126893/twitter-s-ad-revenue-to-hit–150m-this-year.html

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