Social networks are still growing, but only slightly. And they’re more profitable than ever.
Twitter revealed its first earnings report today announcing, among other things, that the social network now has 241 million average monthly active users, up just 9 million from last quarter.
Via Twitter
The numbers show Twitter is growing, but slowly compared to some of its younger, more nimble competitors. For example, the mobile messaging startup WhatsApp added 30 million users just last month.
The same can be said of Facebook, which has seen a steady leveling-off of monthly active user growth for some time now, albeit at a much larger scale.
via IFTTT
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