Can COVID-19 challenge Twitter's ad revenue?

In the company’s announcement, they emphasize on the fact that Twitter is closely related to things happening around the world, especially events in entertainment, sports, politics and others. Unfortunately, a lot of events have been cancelled recently over public health concerns and therefore people are running out of events to discuss or share on the platform. Monetization is easy when we are speaking about the Super Ball and harder in a global pandemic situation.
FEATURED VIDEO
Nevertheless, Twitter’s CEO, Jack Dorsey, is confident despite the challenging times. “We’ll continue to navigate this environment focusing on supporting our employees, customers, and partners, while strengthening our service for everyone around the world and adjusting to a new operating and economic environment.”, he said in a statement.