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Twitter's planned IPO sometime in November is one of the most anticipated since Facebook's coming-out party in June 2012. Despite posting big losses over the past three years, it hopes to woo investors with its advertisement revenue growth. Analysts expect the company, which posted a $69 million loss last year, to seek a valuation of at least $10 billion, according to Reuters.
With the company preparing to go public, let’s take a look at some of its biggest markets.
Source: Financial Times
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Turkey
Twitter penetration rate: 31.1 per cent
Internet population: 36,455,000
Twitter users: 11,337,505 (estimated)
Percentage of overall Twitter users: 6 per cent (estimated)
Overall rank: 1
With more than 30 per cent penetration, Turkey has more users than any other country in the world.
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Japan
Twitter penetration rate: 29.7 per cent
Internet population: 101,228,736
Twitter users: 30,064,935 (estimated)
Percentage of overall Twitter users: 17 per cent (estimated)
Overall rank: 2
Japan, which is one of the most technologically advanced countries in the world, comes second with about 30 per cent penetration.
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The Netherlands
Twitter penetration rate: 29.1 per cent
Internet population: 15,071,191
Twitter users: 4,385,717 (estimated)
Percentage of overall Twitter users: 2 per cent (estimated)
Overall rank: 3
The Netherlands, which has one of the fastest Internet speeds in the world, ranks third when it comes to Twitter users.
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Venezuela
Twitter penetration rate: 28.2 per cent
Internet population: 10,976,342
Twitter users: 3,095,328 (estimated)
Percentage of overall Twitter users: 2 per cent (estimated)
Overall rank: 4
Of all the Internet users in Venezuela, 2 per cent are on twitter.
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The Philippines
Twitter penetration rate: 25.6 per cent
Internet population: 33,600,000
Twitter users: 8,601,600 (estimated)
Percentage of overall Twitter users: 5 per cent (estimated)
Overall rank: 5
The Philippines ranks fifth with more than 25 per cent Twitter penetration.
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The United Kingdom
Twitter penetration rate: 24.2 per cent
Internet population: 52,731,209
Twitter users: 12,760,953 (estimated)
Percentage of overall Twitter users: 7 per cent (estimated)
Overall rank: 6
Of all the Internet users in the United Kingdom, 7 per cent are on Twitter.
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Indonesia
Twitter penetration rate: 23.4 per cent
Internet population: 55,000,000
Twitter users: 12,870,000 (estimated)
Percentage of overall Twitter users: 7 per cent (estimated)
Overall rank: 7
Indonesia has nearly 13,000,000 users of Twitter.
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Canada
Twitter penetration rate: 23.0 per cent
Internet population: 27,757,540
Twitter users: 6,384,234 (estimated)
Percentage of overall Twitter users: 4 per cent (estimated)
Overall rank: 8
Canada ranks eighth with 23 per cent Twitter penetration.
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Colombia
Twitter penetration rate: 20.1 per cent
Internet population: 25,000,000
Twitter users: 5,025,000 (estimated)
Percentage of overall Twitter users: 3 per cent (estimated)
Overall rank: 9
Colombia has more than 5,000,000 Twitter users across the country.
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The United States
Twitter penetration rate: 19.4 per cent
Internet population: 245,203,319
Twitter users: 47,569,444 (estimated)
Percentage of overall Twitter users: 27 per cent (estimated)
Overall rank: 10
Although Twitter Incorporated is based in the United States, it has less than 20 per cent penetration in the country.
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Argentina
Twitter penetration rate: 19.2 per cent
Internet population: 28,000,000
Twitter users: 5,376,000 (estimated)
Percentage of overall Twitter users: 3 per cent (estimated)
Overall rank: 11
Argentina has 28,000,000 total users of Internet.
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Spain
Twitter penetration rate: 19.0 per cent
Internet population: 30,654,678
Twitter users: 5,824,389 (estimated)
Percentage of overall Twitter users: 3 per cent (estimated)
Overall rank: 12
Of all the users of Internet in Spain, 3 per cent are on Twitter.
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Brazil
Twitter penetration rate: 19.0 per cent
Internet population: 81,798,000
Twitter users: 15,541,620 (estimated)
Percentage of overall Twitter users: 9 per cent (estimated)
Overall rank: 13
Brazil has a Twitter penetration rate of 19.0 per cent.
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Singapore
Twitter penetration rate: 18.1 per cent
Internet population: 3,658,400
Twitter users: 662,170 (estimated)
Percentage of overall Twitter users: 0 per cent (estimated)
Overall rank: 14
Singapore has 3,658,400 Internet users across the city-state.
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Mexico
Twitter penetration rate: 17.9 per cent
Internet population: 42,000,000
Twitter users: 7,518,000 (estimated)
Percentage of overall Twitter users: 4 per cent (estimated)
Overall rank: 15
Of all the Internet users in Mexico, 4 per cent are on Twitter.