Downward spiral: Twitter shares have plummeted to its lowest price, below even its IPO price.
SAO PAULO: Twitter Inc has found a bright spot in Brazil, Latin America's largest economy, even as weak advertising sales across the globe have punished the social network's stock in recent weeks.
Advertising revenue rose about 30% in Brazil last year, Twitter's top executive in the country told Reuters, defying a two-year slowdown in the local economy and more than doubling the company's 13% revenue growth globally.
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!
