Having struggled to attract new users for a while, Twitter just reported that its user base didn’t grow at all between the first and second quarter of 2017. The social network is stuck at 328 million users and looks more and more like losing sight of its competitors.
To make things worse, Twitter posted the second consecutive quarter of declining revenues and is still far from profitable. The company’s share price was down more than 10 percent in early trading on Thursday, indicating that shareholders are starting to lose faith in Twitter’s ability to turn things around.
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