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Twitter offers free ads to brands that advertise on its platform – WSJ Reuters via biedexmarkets.com

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© Reuters. FILE PHOTO: A view of the Twitter logo at its corporate headquarters in San Francisco, California, U.S. November 18, 2022. REUTERS/Carlos Barria

(Reuters) – Twitter Inc (NYSE:) is offering free advertisements to brands that advertise on its platform, an attempt to woo brands back to the social-media platform, which has seen its ad business deteriorate following Elon Musk’s takeover, the Wall Street Journal reported on Friday.

Twitter is dangling free ad space by offering to match advertisers’ ad spending up to $250,000, the report said, citing emails reviewed by the Journal.

Twitter did not respond to Reuters request for a comment after business hours.

Written by biedex markets