With over 31% increase in revenue, Twitter India has posted total revenue of Rs 56.9 crore in FY19 from Rs 43.4 crore in the previous fiscal. Its net profit has also taken a hit of 108% and has reached to Rs 5.8 crore.
Twitter India’s operating revenue reportedly refers to its service fee income, which includes marketing support, and business planning assistance, among others. The company also claims to generate 90% of its global advertising revenue from mobile devices. (Source)
Aarzoo is an author at Entrackr who tries to bring in an unbiased perspective while writing about the budding Indian startup ecosystem. Along the way, she also analyses the companies, their numbers, and compiles them. A graduate in Economics from Lady Shri Ram College for women, a will to explore the emerging businesses drives her the most. Connect with her at [email protected].
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