Will Twitter's (TWTR) Indonesian Office Announcement Affect The Stock Today?

NEW YORK (TheStreet) -- Twitter  (TWTR) has announced it would open an office in Indonesia in the next three to six months to try to spur future growth.

Twitter is trying to hook its claws into rapidly growing and emerging markets. Indonesia is the fourth most populous nation on Earth with an estimated 2014 population of 253,899,536.

The office will open in Jakarta and will contain mostly sales and business development teams, Adam Bain, Twitter's Global President of Revenue and Partnerships, told The Wall Street Journal.

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The stock was flat at $49.44 at 10:14 a.m.

TWTR Chart TWTR data by YCharts

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