Twitter Revenue to Hit $400 Million By 2013 [STUDY]

 By 
Todd Wasserman
 on 
Twitter Revenue to Hit $400 Million By 2013 [STUDY]
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Twitter will earn $139.5 million this year, a 210% jump over last year, according to

"Since their debut in April 2010, Twitter’s Promoted Products have proven successful in the U.S.," Williamson said in a statement from eMarketer. “Marketers have shown solid engagement rates with Twitter advertising — in some cases better than those on Facebook — despite Twitter’s relatively smaller audience.”

Twitter has 100 million active users compared to 800 million for Facebook.

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The growth estimate for Twitter in 2011 is downgraded from eMarketer's previous prediction of $150 million in revenues in January, a function of Twitter's slower-than-expected rollout of various ad initiatives, including a self-serve ad platform and ad sales offices abroad. Twitter just created a sales staff in the UK-- its first foreign office -- this month, which is why 96% of Twitter's ad revenues will come from the U.S. this year, eMarketer predicts. The researcher says that by 2013, 88% of revenues will come from the U.S.

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