SAN FRANCISCO: Twitter Inc halted a slowdown in user-growth in the second quarter with the help of product tweaks and services built around the summer's World Cup, assuaging concerns for now that the online messaging service had peaked.
Shares of the company soared 35 % on Tuesday after it reported monthly active users had risen a better-than-expected 24%, chalking up what would be its largest gain in a single day and adding almost US$7bil to its market value.
Already a subscriber? Log in.
Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
