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Twitter Reaches Out to Asia, MidEast

Twitter Inc (NYSE: TWTR) said on Tuesday it plans to accelerate its push for content partnerships in Asia Pacific and the Middle East.

It has appointed a Singapore-based executive, Rishi Jaitly, to boost teams in major markets such as Australia, India, and Japan as well as to expand into Greater China and Southeast Asia, the company said in a statement. Jaitly was previously Twitter's market director for India and Southeast Asia.

Twitter has been aggressively expanding its capabilities to carry pictures, video and interactive content.

Shares in the social media giant fell 41 cents, or 1.4%, to $28.65 U.S. near the bottom of a 52-week trading range of $26.87 U.S. to $55.99 U.S.