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Twitter said in their filing that it wants to become an indispensable companion for live human experiences, adding that it plans to grow by expanding its user base, branching out internationally and making ads on its platform more relevant. Twitter has a long way to go, it has more than 215 million users compared to 1 billion for Facebook and annual revenue of $600 million, while Facebook generates more than $5 billion. Tasca states, Twitter is a great concept but the business model still needs to be proven as profitable and sustainable.
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