Newborn Town Leans On Better Monetization As User Growth Slows
The social media company’s revenue rose over 30% in the first half of the year, as it wrung more money from individual spenders in the face of decelerating user growth image credit: Bamboo Works Key
A social media company is making more money from each user even though fewer new people are joining. Think of it like a restaurant getting more money per customer even when fewer new customers walk in—that shows smart business choices.
Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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