Friday, October 4, 2013

Twitter aims to raise a billion dollars with the IPO - Il Sole 24 Ore

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Into This entry was posted on October 3, 2013 at 23:35.

Into Twitter aims to raise a billion dollars on Wall Street - How are social media already listedInto Twitter, which aims to demonstrate the power also be an increasingly lucrative business, generated $ 317 million in revenue in 2012. In the six months that ended June 30, the microblogging site has posted revenues of 253.6 million dollars, compared to 122.4 million in the same period of the previous year, and a net loss of 69.3 million dollars , 218 million monthly active users (500 million messages per day) during the six months ended June 30.

Into The document does not specify how many shares will be sold, the potential price or estimated value of the company. The sum mentioned a billion is an estimate that could change during the roadshow, or the presentation to investors. The table is not specified either on what exactly will list the listing.

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