Twitter User Base To Reach 200 Million By Year's End

Twitter is set to have over 200 million users by 2011 after having added 30 million new users in the last two months.

The new statistics were revealed by the company on the New York Times profile of Twitter co-founder Evan Williams, who recently stepped down as the CEO.

The company said that Twitter now has 175 million registered users, 30 million more than the 145 million reported in September.

The micro blogging platform, which allows users to send 140 characters long messages, only had 58 million users last year and 503,000 users three years ago.

By adding 370,000 new users to its network every day the company is expected to cross the 200 million milestone before the end of 2010.

Twitter has shown meteoric growth in the past few years and is now counted among one of the best independent internet companies around. With a string of new advertising packages, the platform is set to rake in revenue from advertisements on site in the near future.