Twitter Q3 - 14 per cent growth in revenues and 2 million new users

Twitter has reported its performance for Q3 2020. The social platform added 2 million addition Monetizable Daily Active Users (mDAU) in Q3, bringing their total to 188 million. This is a significant slowdown compared to Q2 where they brought in 20 million users. Twitter reported revenues of $ 936 million which is a 14% increase YoY.

Total US revenue was $513 million, an increase of 10%. Total international revenue was $424 million, an increase of 18%. Japan remains our second largest market, contributing $132 million, an increase of 3% in Q3.

Total advertising revenue was $808 million, an increase of 15%. Improved demand toward the end of Q2 continued throughout Q3 as advertisers around the world significantly increased their investment on Twitter.