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Twitter hits 232 million active users, but it still. isn't. making. any. profit.

Twitter hits 232 million active users, but it still. isn't. making. any. profit. | MarketingHits | Scoop.it
It’s the most anticipated tech IPO since Facebook, which is set to make Twitter‘s founders millionaires a couple of times over and help the social media site raise a reported US$1-billion. It’s picked out the symbol it’ll be trading under (the vowel-free TWTR) and opted to be listed on the New York Stock Exchange — but that’s not the only interesting update to its filing with the SEC. Twitter has also gained users, seriously increased its revenue… and made more of a loss.
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