Key Points
- Twitter India’s ad revenue has sharply decreased.
- Profits have declined by 90% because of this.
- The company is facing more competition.
- Regulatory challenges are affecting financial performance.
Looma News
Twitter India has seen a big drop in ad revenue, leading to a 90% fall in profits. This situation shows how the platform is struggling in the competitive social media market.
The fall in ad revenue has raised concerns among investors about Twitter’s ability to keep running in India. With more competition, advertisers are looking at other platforms, putting even more pressure on Twitter’s finances.
On top of that, regulatory challenges in India are adding to the strain, making it harder for Twitter to operate. The company needs to find a way through these issues to win back advertisers.
