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Published 1 month ago

Donald Trump's social media company, True Social, lost 8.8 billion yen in a year, and its profit was only 6.6 billion yen. Share prices plummeted 21%

Summary by GIGAZINE

According to documents submitted to the Securities and Exchange Commission, it was found that former President Donald Trump's SNS 'Truth Social' has incurred losses of over $5.8 million (approximately 88 billion yen) in the year 2023, while its income was a mere $41 million (approximately 6.2 billion yen).

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Donald Trump's social media company, True Social, lost 8.8 billion yen in a year, and its profit was only 6.6 billion yen. Share prices plummeted 21%

According to documents submitted to the Securities and Exchange Commission, it was found that former President Donald Trump's SNS 'Truth Social' has incurred losses of over $5.8 million (approximately 88 billion yen) in the year 2023, while its income was a mere $41 million (approximately 6.2 billion yen).

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