Twitter is a great platform for competition. Let’s see what these competitors are and how they work and progress.
WhatsApp is a messaging app with over 2 billion active users and 60 billion text messages sent and received daily. It is a cross-platform and end-to-end encrypted secure app that offers users the ability to send and receive messages, calls, pictures, videos, documents, location, contacts, audio, and much more. WhatsApp also introduced WhatsApp Business in 2018 for small businesses and companies to communicate with customers. ..
LinkedIn was founded in 2003 with headquarters in California. It is a social networking app that links professionals with each other. LinkedIn helps professionals in career building, job offers, talent acquisition, and more. It also allows companies to hire employees. LinkedIn also offers premium subscriptions to get better service. Microsoft bought LinkedIn in 2016 and made it the largest media platform with over 756 million active users worldwide. Its total revenue is $8.05 billion with 19 percent on year in 2020 making it a great competitor of Twitter.
Pinterest was founded in 2010 and has since grown to be one of the most popular social media platforms. In 2020, it is projected to generate $1.69 billion in revenue, a 48 percent increase over the previous year. Additionally, 2021 is expected to see even more growth with a 78 percent increase in revenue generated in the first three months of the year. While Twitter has more users than Pinterest, its revenue is not as high as Pinterest’s. ..
Snapchat
Snapchat is a social media app that allows users to send messages, share snaps, and videos, and make stories that will remain for 24 hours. Its total revenue is $2.5 billion with 48 percent over the year and from 2020 to 2021 its stock value also increases by 350 percent making it a great competitor of Twitter. With over 280 million users every day around four billion photos and videos are shared on average.
Facebook was founded in 2004 with headquarters in Menlo Park, California. It is a social media app that allows users to interact with each other, and share photos, videos, status, stories, messages, and much more. With more than 2.4 billion active users it becomes the largest social media app. Its total revenue in 2020 is $86 billion with its primary source of income being advertising. It is a leading platform in social and a good competitor of Twitter.
Tumblr
Tumblr was founded in 2007 with headquarters in New York. It is a social media and microblogging app with over 75,000 users and 568 million visitors at the start of its two weeks but in 2018 due to being banned on adult content, it lost over 369.6 million users. After losing users it had 327 million visitors all around the world. Though it is not a great competitor of Twitter it is still the largest platform of social media slightly less than Twitter.
Weibo was founded in 2007 and has headquarters in Beijing, China. It is a microblogging app and the largest tech company in China by WeChat that offers the user to tweet, follow, browse information, and more. It has more users than America which is 350 plus active users every month. Weibo makes its total revenue from advertising and becomes a great competitor of Twitter.
Tiktok
TikTok, a social media app, is growing in popularity. It was created in 2012 and has headquarters in Beijing, China. It is mostly used by the Gen Z population and has over 689 million active users monthly in 2021. With over 33 million users, it becomes the most popular app on Apple’s app store. TikTok becomes a major competitor of Twitter. ..
Conclusion
Twitter is the largest social media platform with over 30 billion users around the world. It has great competitors worldwide, but it beats Twitter in some ways. These apps also have millions of users like Twitter and great services like Twitter.
Instagram and WhatsApp are owned by Facebook. ..
Facebook CEO Mark Zuckerberg is the owner of Facebook, WhatsApp, and Instagram, as well as more than 90 other platforms.
Twitter is a social media platform that allows users to share and view tweets. The primary earning of Twitter is from advertising.
Twitter is a social media platform that earns 85 percent of its revenue through Ads. These Ads include promotional ads, follower Ads, and more.
