Twitter Inc. will "aggressively" add sales staff in Japan to attract more advertisers as local user growth exceeds the company's global expansion, Chief Executive Officer Dick Costolo said.
The microblogging service will continue to invest and hire in Japan and will also add engineers, Costolo said Monday in Tokyo without specifying investment amounts or the number of people being added.
Twitter, which lets users post 140-character messages, is expanding abroad to decrease its reliance on the U.S. market. The percentage of revenue that Twitter earns from the U.S. will fall to 83 percent in 2014 from about 90 percent this year, researcher EMarketer estimated in January. Japan had the third-largest share of Twitter users with 29.9 million accounts created before Jan. 1, according to Semiocast, a social media research company.
With your current subscription plan you can comment on stories. However, before writing your first comment, please create a display name in the Profile section of your subscriber account page.