Is Twitter Losing Popularity?
Since Musk bought the company in October 2022, it's lost approximately 13% of its app's daily active users. And its rebrand from Twitter to X accelerated the decline, per data that Big Technology is first publishing here.
Do people still use Twitter in 2023?
Twitter Statistics 2024 (Top Picks)
This section provides a snapshot of key Twitter statistics: Twitter currently boasts 528.3 million monetizable monthly active users in 2023, projected to reach 652.23 million by 2028. There are 237.8 million monetizable daily active users (mDAU) on Twitter.
How many tweets are sent out per second 2023?
On average, 500 million tweets are shared every day. This can be further broken down to 6,000 tweets per second, 350,000 tweets per minute, and around 200 billion tweets every year.
What country uses Twitter the most?
The country with the most Twitter users is the United States with a total of 77.75 million users. The other countries rounding out the top five are Japan, India, Brazil, and the United Kingdom. Here's how they stack up based on the number of active users: United States: 77.75 million active users.
Is Twitter still relevant 2024?
In 2024, its global user base will then drop another 5.1% to 335.7 million. That's a loss of 32.7 million users in two years. “There won't be one catastrophic event that ends Twitter,” said Jasmine Enberg, principal analyst at Insider Intelligence.
Are Twitter accounts decreasing?
As of December 2022, X/Twitter's audience accounted for over 368 million monthly active users worldwide. This figure was projected to decrease to approximately 335 million by 2024, a decline of around five percent compared to 2022.
Is Twitter making a profit 2023?
Elon Musk's X, the social network formerly known as Twitter, is on track to bring in roughly $2.5 billion in advertising revenue in 2023 — a significant slump from prior years, according to people familiar with the matter.
Which gender uses Twitter more?
X Users by Gender
According to data from August 2023, users are split almost exactly at a 2:1 ratio among males (66.72%) and females (33.28%).
What is the most used social media in 2023?
However, some of the most popular social media platforms in 2023 were Facebook, Instagram, Twitter, YouTube, and TikTok, and it is likely that these platforms will remain popular in 2024.
How many have left Twitter?
According to the aforementioned Musk tweet, Twitter had 259.4 million daily active users in mid-November 2022. Compared to the daily active users Twitter was pulling late last year under Musk's leadership, X has shed nearly 15 million users – a drop of roughly 5.6 percent.
Where are Twitter users going?
Users who are leaving Twitter have been going to emerging entrants like BlueSky with its private beta, and Substack Notes, which launched after Musk briefly forbade mentions of the platform. Many users are considering a switch to Mastodon, which continues to grow.
How does Twitter make money?
Twitter makes money primarily through advertising. In 2022, advertising revenue accounted for 90% of the company's total revenue. Twitter offers a variety of advertising products, including: Promoted tweets: These are tweets that advertisers pay to have appear at the top of users' timelines or in search results.
How popular is Twitter in Russia?
The majority of Twitter's audience (38.5%) falls under the age bracket of 25 to 34. The monetizable daily active users of Twitter in the United States is 41.5 million. An Average Twitter user spends about 30.9 minutes on the platform daily.
How old is the average Twitter user?
X does not provide a full official list, but news and mainstream media often cover the topic. As of February 2024, the most-liked tweet has over 6 million likes and was posted by the account of American actor Chadwick Boseman, announcing his death from cancer.
What is the most popular tweet ever?
Twitter age demographics
Worldwide, 38.5% of Twitter users are 25-34, making it the largest age group using the app. So, if you're trying to increase brand awareness in this age group, Twitter is a great fit.
What age uses Twitter more?
The loss of so many key advertisers is particularly concerning for a company like Twitter, which makes most of its money—more than 90%—through ads. Major businesses including Apple, Pfizer and Ford have come out in droves to distance themselves from the platform and question Musk's approach to content moderation.
What age group uses Twitter the most?
How does Twitter make money, and why isn't it profitable? Twitter makes most of its money by selling advertising, and the rest by selling data. It has occasionally been profitable, but most of the time it isn't, because most of the time it costs more to run than it is able to earn in advertising and data sales.
Who is the top 10 Twitter followers?
Twitter makes money mainly from advertising to its users through promoted tweets, accounts, and trends.
Why is Twitter making a loss?
Banks have begun preparations to try to unload at least some of the $13 billion of debt they underwrote, at a steep discount. The banks that financed Elon Musk's $44 billion purchase of Twitter are still struggling a year later to contain the damage to their balance sheets.
Why is Twitter running at a loss?
Media Matters reported 50 of Twitter's top 100 advertisers from 2022, that accounted for $750 million in revenue, had either cut back or stopped advertising entirely on the website. Among them were VW, General Motors GM +1.6% , Diageo, Heineken, Nestle, Coca-Cola KO +0.2% , Mars and Ford.
Does Twitter make money from users?
Elon Musk took control of Twitter in late 2022, but it was 2023 when he remoulded the social network in his own image.
Does Twitter have debt?
Twitter is the world's 7th favorite social media platform
In contrast, Twitter's popularity has risen by 0.2% throughout 2022.
How many advertisers have left Twitter?
This similar usage, but lower affinity, makes sense when you look at Twitter's major demographic; Statista reports that the largest group of Twitter's global users are 24-35-years-old, making Millennials the platform's top audience.
Who owns Twitter now 2023?
Schedule Your Tweets
Consistency is the key to success. To get maximum visibility, you have to post at least 5 times a day. And it equals 35-40 tweets a week which isn't possible without a plan. Eventually, you will have to make a plan and use a social media scheduling tool to stay active and grow fast on Twitter.
Is Twitter still growing?
Since its creation, Facebook has ruled the world of social media, and it seems like there's no stopping the giant. Though there are many strong competitors like Instagram, Snapchat, Twitter, and several others that are trying to compete, Facebook still stands strong among the competition.
Do Millennials use Twitter?
Among leading social platforms, the networks with the highest growth rates between 2020 and 2022 were TikTok/Douyin, Instagram, Snapchat, Pinterest and Twitter.
How many tweets a day to grow?
If that happens, and its alternative revenue streams stall at lower than expected rates, that could see the app on increasingly shaky ground - and it could be that by Q2, around August this year, Twitter is back to losing some $4 million a day, putting the pressure back on Elon to come up with another way to right the ...
Who is the king of social media?
A year ago, Musk bought Twitter Inc. for $44 billion. Since the takeover, most of Twitter's staff was laid off or resigned. Musk renamed the company X, changed some of its content rules and lost more than half of its advertising revenue.
What is the hottest social media right now?
Who owned Twitter before Elon Musk? Jack Dorsey, along with Noah Glass, Biz Stone, and Evan Williams, launched Twitter in 2006. According to a regulatory filing, institutional investors formerly held control over the platform, with the Vanguard Group holding the largest position (10.3%) at that time.
What is the fastest growing social media?
In October 2022, billionaire Elon Musk acquired Twitter for US$44 billion, gaining control of the platform and becoming the chief executive officer (CEO).
How much is Twitter losing a day?
Business magnate Elon Musk initiated an acquisition of American social media company Twitter, Inc. on April 14, 2022, and concluded it on October 27, 2022. Musk had begun buying shares of the company in January 2022, becoming its largest shareholder by April with a 9.1 percent ownership stake.
How much did Elon pay for Twitter?
How much money is Twitter giving to users? As per The Verge, accounts with over a million followers who have enrolled in Creator Subscriptions are currently receiving payout amounts ranging from a few thousand dollars to nearly $40,000 (around Rs 32.8 lakh).
What will replace Twitter?
It became clear to Musk that a board seat wouldn't be enough. “I began to believe that Twitter was heading off a cliff and that I couldn't save it by just being a board member,” Musk told the author. “So I thought, maybe I should just buy it, take it private, and fix it.”
Who owned Twitter before Elon?
On Sunday, TikTok said it did not want to put its Russian employees or users at risk of severe criminal penalties, as it described the service as a source of “relief and human connection during a time of war”. TikTok is the 10th most popular app in Russia.
Who owns Twitter?
Unsurprisingly, social media is popular in Ukraine, particularly among the younger generation, with almost all citizens aged 18-39 in 2021 reporting that they use social media. For Twitter, user statistics are as follows: 18–29 (13% usage), 30–39 (8%), 40–49 (7%), 50+ (1%)48.
Does Elon Musk own 100 of Twitter?
The country with the most Twitter users is the United States with a total of 77.75 million users. The other countries rounding out the top five are Japan, India, Brazil, and the United Kingdom. Here's how they stack up based on the number of active users: United States: 77.75 million active users.
How much Twitter pays for 1 million followers?
According to the aforementioned Musk tweet, Twitter had 259.4 million daily active users in mid-November 2022. Compared to the daily active users Twitter was pulling late last year under Musk's leadership, X has shed nearly 15 million users – a drop of roughly 5.6 percent.
Why did Elon Musk buy Twitter?
Twitter has around 528.3 million monetizable monthly active users as of 2024. It is estimated that this number will reach 652.23 million by 2028. Twitter currently has 237.8 million monetizable daily active users (mDAU).
What is Russia's most used social media?
Twitter users in Japan set a new world record of 143,199 tweets per second (TPS) by tweeting “balus” during a television broadcast of Hayao Miyazaki's anime classic Castle in the Sky on Aug. 2. Twitter confirmed the new world record on Aug. 3, saying that it had beaten the 33,388 TPS mark set, also in Japan, on Jan.
Is TikTok popular in Russia?
With 41 million in total tweets within 24 hours (39.4 million in 24 hours on October 24 with remaining tweets from the following day considered as counted by Twitter itself), #ALDubEBTamangPanahon, the official hashtag of the event, broke their own Twitter record as well as breaking the global record for the most ...
How many people use Twitter in Ukraine?
Since Musk bought the company in October 2022, it's lost approximately 13% of its app's daily active users. And its rebrand from Twitter to X accelerated the decline, per data that Big Technology is first publishing here.
Which country use Twitter most?
twitter.com Organic and Paid Website Traffic
Twitter.com's traffic has dropped by -1.39% month-on-month down to current organic search traffic. In addition, paid search traffic has increased by 2,958.56% up to current paid search traffic.
How many have left Twitter?
Twitter is a relatively safe site and can be monitored through the privacy settings. The major safety concern would be your kids' communication with others through comments to their tweets, along with direct messages.
Who is still using Twitter?
Instagram gender demographics
On Instagram, 51.8% of global users identify worldwide, while 48.2% identify as female—basically half and half.
What is the most tweets in 1 second?
Elon Musk (@elonmusk) is the most followed person on Twitter at the moment. Elon Musk (@elonmusk) has 170M followers on Twitter.
What is the most tweets in 24 hours?
Portuguese footballer Cristiano Ronaldo (@Cristiano) is the most-followed sports personality on X, with over 110 million followers. Barbadian singer Rihanna (@rihanna) is the most-followed woman on X, with over 108 million followers.
Is Twitter Losing Popularity?
He tweeted: "Twitter has had a massive drop in revenue, due to activist groups pressuring advertisers, even though nothing has changed with content moderation and we did everything we could to appease the activists." Companies including General Motors, Volkswagen, Audi, and Pfizer have paused their advertising.
Is Twitter traffic up or down?
X CEO Linda Yaccarino said Wednesday the social media platform formerly known as Twitter will be profitable by early 2024, claiming most top advertisers had returned after ditching the platform following Elon Musk's takeover last year.
Should a 15 year old use Twitter?
Finances. For the fiscal year 2021, the last fiscal before Twitter was taken private, the company reported a loss of 221 million, with an annual revenue of $5.1 billion. Since its IPO, Twitter made profit in only two of the eight years.
What gender uses Instagram the most?
Users who are leaving Twitter have been going to emerging entrants like BlueSky with its private beta, and Substack Notes, which launched after Musk briefly forbade mentions of the platform. Many users are considering a switch to Mastodon, which continues to grow.
Who is No 1 on Twitter?
“Musk's treatment of the platform as a technology company that he could remake in his vision rather than a social network fueled by people and ad dollars has been the single largest cause of the demise of Twitter,” Enberg said.
Who has 100 million followers?
How does Twitter make money, and why isn't it profitable? Twitter makes most of its money by selling advertising, and the rest by selling data. It has occasionally been profitable, but most of the time it isn't, because most of the time it costs more to run than it is able to earn in advertising and data sales.
Why is Twitter losing $4 million a day?
Value of X has fallen 71% since purchase by Musk and name change from Twitter. The social media platform X has lost 71% of its value since it was bought by Elon Musk, according to the mutual fund Fidelity.
Is Twitter profitable 2024?
Twitter's algorithms: Twitter uses algorithms to determine which content to show to users, and these algorithms can sometimes cause fluctuations in the number of followers you have. Unfollowing: It's possible that some of your followers have decided to unfollow you, which would decrease your total number of followers.