Illustration (Photo: Bloomberg)
CALIFORNIA strong – Plan Twitter strong hold an Initial Public Offering (IPO) , turns out to reveal an interesting story. Although it has been successful in the social networking market, it does not mean the company does not feel threatened by the presence of other communications services.
Reported by Softpedia , Saturday (10/05/2013), there are three services local concerns from Twitter, and it is revealed through the filing go public .
The company began to feel the aura of increasingly fierce competition with local websites, mobile applications and services , which offers real-time communication , such as Sina Weibo in China, in Japan Line, and Cocoa in South Korea.
“If we are not able to compete effectively for users and advertisers, then our business and operating results could be harmed. competition we are very strict, although we have developed a new global platform and real-time conversation, we continue to face strong competition in our business, “explains Twitter.
“We also compete with smaller companies such as Sina Weibo, Line and Cocoa, each of which are from Asia,” said the company.
As for the other competitors mentioned by Twitter is Facebook, Instagram, Google, LinkedIn, Microsoft, and Yahoo, which also offers a range of products based mobile devices and the internet, as well as service and content.