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The parent company of Trump's social media platform said it will lose more than 400 million dollars in 2024.
On February 16, Jinshi Data reported that, according to the Associated Press on the 15th local time, the parent company of US President Trump’s social media platform ‘True Social’ - Trump Media Technology Group stated on the evening of the 14th that the company lost $400.9 million in 2024, with annual revenue falling 12% to $3.6 million.