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Compete just released this month’s statistics and unsurprisingly, Twitter had a big month, growing around 33 percent over the past month, just within the United States. Recently I’ve been estimating the site at around 10 million global users and it’s clear that with the massive press coverage, the company is growing at a quick rate. Twitter has been all the buzz within the social media space over the past couple months following an unsuccessful acquisition by Facebook.
Facebook then followed up with an update to the site which many are dubbing the “Twitter Response”. Ultimately the two services provide different value propositions. Just yesterday I posted a poll on Twitter of which over 200 people responded to. The question was “Do you send your Twitter updates to Facebook?” According to the results, 48 percent of people keep their updates separated while another 43 percent sync the two.
Essentially the poll was split down the middle for the most part. Facebook has been forced into an interesting position as Twitter essentially “out opened” them by launching an unfiltered API service early on. Facebook is on a path toward openness but it doesn’t appear to be slowing Twitter’s growth. At this rate, the company could have over 100 million users by the end of the year if they keep growing at 33 percent monthly.
More realistically I’d estimate that the company will end up closer to 50 million users by the end of the year. Regardless, this is huge growth, mimicking some of the early growth experienced by Facebook which has skyrockets to over 175 million users. With all this growth, Twitter is bound to receive a few more acquisition offers by the end of the year despite the recession.
How many users do you think Twitter will have by the end of the year? Do you think the company will be acquired before the year is over?