Micro-blogging site Twitter considers India to be the “best bet for innovation”, and expects experiments in the country to drive growth in other emerging markets. “India represents itself as a tremendous market for learning as it can help in making Twitter better for consumers and drive growth for the company globally, since India is the fastest-growing smartphone market in the world,” said Michael Fisher, global business development head at Twitter. During the April-June quarter, Twitter reported revenues of $602 million, but a net loss of $107 million. What’s more, since July 2015, Twitter added 9 million monthly users, while Facebook’s user-base grew by 164 million. Meanwhile, Facebook has already started rolling out live videos in India for iOS and Android users.

Source: Hindustan Times August 25, 2016 02:26 UTC