It seems like Twitter, a company once notoriously slow on monetization, has finally figured out a way to convert its growing user base into advertising dollars.
Market research firm eMarketer expects Twitter’s advertising revenue to reach $288 million this year, a 107 percent increase over last year. Moreover, eMarketer predicts that the microblogging service could surpass $800 million in ad revenue in 2014.
Twitter's Ad Revenue Tipped to Double This Year
Description
This chart shows Twitter's estimated global advertising revenue from 2010 to 2014.
