Twitter expects annual revenue to double in 2023

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Twitter Inc said on Thursday it expects to double its annual revenue to at least US$7.5 billion in 2023.

FILE PHOTO: The Twitter App loads on an iPhone in this illustration photograph taken in Los Angeles, California, U.S., July 22, 2019.

Mike BlakeThe social network expects to reach at least 315 million monetizable daily active users by the fourth quarter of 2023.The company's shares were up nearly 7per cent in trading before the bell.

 

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