#2 Christmas NDM Story ..

Twitter more than triples its UK revenues to £46m

Twitter more than tripled its UK revenues this year to £46m, and is expected to jump to more than £180m by the end of 2015, according to a new report. The social network's UK business will make £46.3m this year, with £43.6m from advertising and the remainder other revenues such as licensing, according to a new report by eMarketer.

• eMarketer estimates that Google's UK digital ad revenues will be £2.6bn this year, rising to £3.4bn by the end of 2015.
• Facebook UK generated £333m in revenue this year, and is forecast to make £516m by the end of 2015.
• Twitter UK is growing at a staggering rate, albeit from a low base, with revenues of just £1.3m as recently as 2011.

The research company estimates that by the end of 2015 Twitter UK will make £180m, with £171m of that from advertising. The UK is becoming an increasingly important revenue generator for Twitter, accounting for 15.2% of global income by 2015. This year Twitter UK accounted for 11.5% of the company's global income, according to the report.

As twitter is so popular, its inevitable that the revenue would increase over the years. From celebrities to normal people, everybody has twitter and so its clear that something that attracts such a huge audience would be successful and make a lot of money.