The purchase, for an undisclosed sum, is part of Twitter’s effort to compete with other social media companies that allow users to earn money from their followers, as the newsletter industry enjoys a peak of popularity.
Twitter has been aggressively moving over the last two months to acquire start-ups and at the same time is trying to expand its offer, diversifying the technological and investment horizons.
In December, he bought Squad, a social video company, and this month he acquired the Breaker social transmission service to create audio conversations on Twitter.
The Coronavirus emergency highlighted the need to attract new investments and new sources of income for the social network.
In fact, Twitter’s CEO and founder Jack Dorsey had expressed himself during the last summer stating that it was in the very early stages of exploring the search for alternative revenue flows, including subscription services.
Revue was founded in the Netherlands in 2015 and has six employees. For now, it will continue to function as an independent service, but in the future Twitter plans to integrate Revue into Twitter to maximize its potential.