X's India revenue falls 90%, filing shows

(techcrunch.com)

15 points | by hn1986 2 years ago ago

10 comments

  • luisgvv 2 years ago

    But Elon says Twitter (also known as X) has never been more alive and engaging in its history... This makes me wonder if advertisers are choosing other platforms or if they're being conservative with their ad budgets

    • arandomusername 2 years ago

      Anecdote, but as a twitter user I see plenty of engaging conversations (and a lot of bots too, unfortunately). The quality of ads is absolutely horrible though.

  • realusername 2 years ago

    X is basically 4chan now ... except with real government entities and media organizations on top of it which makes it pretty weird.

  • Ancalagon 2 years ago

    Well congrats on the op-ex savings I guess?

  • Am4TIfIsER0ppos 2 years ago

    Good? It's just that much closer to shutting down.

  • paulpauper 2 years ago

    not exactly a lucrative or big market, oh and Tesla stock up 22%. so Elon made back his twitter purchase many times already on that

    • tstrimple 2 years ago

      Did you just say India isn’t a big market? How in the world do you rationalize that?! It’s one of the largest populations in the world in one of the fastest growing markets in the world.

      • arandomusername 2 years ago

        Probably because most of the country is in poverty.

        > The company, which had posted revenue of $24.7 million in the previous fiscal year

        $25m for a company like twitter is nothing.

        • hn1986 2 years ago

          "Musk previously identified India as a key market for Twitter". Completely negates your point and shows how far Twitter is fallen behind.

  • sg47 2 years ago

    The reason for buying X was to buy the election for Trump