Twitter to open R&D center in India

Twitter is moving forward with plans to open an R&D center in Bangalore as it targets more users in India, the Financial Times reported today.

In January, the social network bought the Bangalore-based mobile marketing startup called ZipDial reportedly for about $40 million.

Twitter also said then that purchasing the company would bring a new engineering office in Bangalore, which will be its first center outside the United States.

“It does constitute a big vote of confidence from Twitter at the global level in India,” Rishi Jaitly, Twitter’s India Market Director told the Financial Times. “It is a big investment in India and emerging markets, and an engineering center is a big outcome [of the deal].”

Yesterday, Twitter’s shares were up 6 percent after the social network announced that it struck a deal with Flipboard and Yahoo Japan to display its advertisements outside its microblogging website.

But the company, which releases its fourth-quarter earnings tomorrow, also hasn’t been growing its sales fast enough to cover its costs and faces pressure from investors to increase its monthly active users.

Photo credit:  The Twitter icon on an iPhone in October 2013. Laura A. Oda/Bay Area News Group

 

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