After Facebook, social network giant Twitter is also planning to establish its own office in Sao Paulo, Brazil. Reports said that the company will be tapping the ever growing online population of the South American country to have it monetized.
In a recent Reuters interview, Guilherme Ribenboim, country manager for Brazil, said “We believe our new office in Brazil will allow us to get closer to the users and show the value of our platform.”
The attempt to monetize the Twitter community in Brazil is also a good move as the country has “mature Internet and advertisement markets” and the “audience is very big and active”.
Also, Brazil will be holding the 2014 World Cup and the 2016 Olympic Games. These two big events can bring in potential business and advertising contracts.
Brazil is currently holding the second spot as Twitter’s biggest market in the world. It is also the world’s sixth largest economy.
Photo Credit: Digital Trends
This post was first published at KabayanTech.