Twitter Inc., as reported on Saturday, may be working on launching a plan called ‘Twitter Blue’.
This plan would cost its users a subscription of $2.99 a month.
Earlier this month, as ad blocker company called Scroll was acquired by Twitter.
Former Scroll CEO, on the day of the acquisition tweeted that Scroll would “integrate into a broader Twitter subscription later in the year.”
Twitter hasn’t yet confirmed the launch of its tiered subscription model. However, the company has been launching new features over the last few weeks.
According to app researcher Jane Marchun’s tweet, some of the features in Twitter Blue would include the option of being able to retract tweets. And on demand from the people, twitter has also added a ‘bookmark’ feature.
This subscription model would provide its paying users with a clutter less and more premium user experience.
A profit of $1.68 million on revenue of $9.04 billion was reported by Twitter with an increase in daily active paying customers by 20%.