Twitter Eyes $1 Billion In Ad Revenue By 2014 [REPORT]
Twitter is expected to report at least $1 billion in advertising sales in 2014, reports Bloomberg, citing “two people with knowledge of the matter”.
This would suggest that the micro-blogging platform is growing twice as fast as has been suggested by other studies.
Back in January, eMarketer projected Twitter’s 2014 ad revenue at $540 million on top of 2011 earnings of $139.5 million, and a predicted $259.9 million for this year. Currently, 90 percent of Twitter’s ad earnings come from the U.S.
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