
TikTok Sets a Record and the RedNote Craze Subsides

While Twitter has been busy dealing with the unsolicited takeover offer by Elon Musk – and now the turn to litigation as he tries to walk away from the deal – traffic to its ad buying portal dropped 10.5% year over year in June and 2% for the quarter. Whether the softening of advertiser interest is a result of Musk-induced turmoil or broader market conditions, it’s bad news as the company prepares to report Q2 earnings on July 22.
Visits to ads.twitter.com, the portal where advertisers buy and manage ads, were down 10.5% in June and down 2% for the quarter, according to Similarweb estimates of desktop and mobile web traffic. Until recently, traffic to Twitter’s ad portal had been showing modest year-over-year growth.

Although all other social networking websites lag far behind facebook.com, Twitter remains one of the laggards in the second tier of social websites.

Overall traffic for twitter.com is growing modestly, doing better in recent months than advertiser traffic. In June, visits to twitter.com were up 2.6% even as visits to ads.twitter.com fell 10.5%.

On mobile, Twitter is also seeing modest growth. On Android, daily active users averaged 3.3% higher in June, year over year.
Lately, news about Twitter has been generating excitement for all the wrong reasons. Contention with Elon Musk has put spambots in the news, casting doubt on the value of Twitter advertising, just as other economic pressures undermine ad volumes as well.
The Similarweb Insights Newsroom is available to pull additional or updated data on request for the news media (journalists are invited to write to press@similarweb.com). When citing our data, please reference Similarweb as the source and link back to the most relevant blog post or similarweb.com/blog/insights/.
Disclaimer: All data, reports and other materials provided or made available by Similarweb are based on data obtained from third parties, including estimations and extrapolations based on such data. Similarweb shall not be responsible for the accuracy of the materials and shall have no liability for any decision by any third party based in whole or in part on the materials.

David covers social media, digital advertising, and generative AI. With a background in web trends since the 1990s, he’s also the author of "Social Collaboration for Dummies".
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