Twitter on target to reach 200 million users this year

New figures peg Twitter users at 175 million mark

Micro-blogging site targets Facebook's 500 million

Micro blogging site Twitter is reportedly on target to reach 200 million users by the end of the year as it bids to chase down Facebook’s staggering following.

According to the New York Times, Twitter is now hosting 175 million users, up from the 145 million registered users officially reported by the social networking site back in September.

If Twitter continues to grow at this phenomenal pace, adding 30 million users in just two months, it is expected to breach the 200 million milestone before January 1st roles around to mark the beginning of 2011. Reported users for the end of 2009 saw Twitter sporting just 58 million users.

Whilst these figures are hugely impressive, user retention, an issue that has repeatedly troubled Twitter has yet to be reported for the latest figures.

Have you already signed up to Twitter? If so follow the T3 Twitter page. If you’re are still a Facebook fan, however, fret not, T3 is there too.