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Friday, October 18, 2013

Twitter IPO


Social networking site is ready to launch into stock market by Launching it's IPO by November 15. It is planning to collect 1 billion USD dollars through this IPO. It's Planning get listed at NYSE instead of NASDAQ. It will kick off it's roadshow from Oct 28. Company posted losses getting trippled in Sept. quarter from 21.6 Million dollars to 64.6 Million Dollars although revenue get doubled The company more than doubled its third-quarter revenue to $168.6 million. But net losses widened to $64.6 million in the September quarter compared with $21.6 million a year earlier. Last year Social Networking site Facebook launched it's IPO. In simillar way twitter will going to get listed at NSYE and allow to warry according to market fluctuations.But there is big difference in users as Twitter has user base of only 215 million compared with Facebook which has user base of 1.15 billion. Facebook raised 16 billion dollars in 2012. They both depend on advertisement.But Twitter is different from the Facebook that Twitter is more important service for future as democrates conduct public discussion but not on Facebook. Although Facebook has more user base but Twitter is even more important service. So let the fingers crossed for Twitter IPO.
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Twitter IPO


Social networking site is ready to launch into stock market by Launching it's IPO by November 15. It is planning to collect 1 billion USD dollars through this IPO. It's Planning get listed at NYSE instead of NASDAQ. It will kick off it's roadshow from Oct 28. Company posted losses getting trippled in Sept. quarter from 21.6 Million dollars to 64.6 Million Dollars although revenue get doubled The company more than doubled its third-quarter revenue to $168.6 million. But net losses widened to $64.6 million in the September quarter compared with $21.6 million a year earlier. Last year Social Networking site Facebook launched it's IPO. In simillar way twitter will going to get listed at NSYE and allow to warry according to market fluctuations.But there is big difference in users as Twitter has user base of only 215 million compared with Facebook which has user base of 1.15 billion. Facebook raised 16 billion dollars in 2012. They both depend on advertisement.But Twitter is different from the Facebook that Twitter is more important service for future as democrates conduct public discussion but not on Facebook. Although Facebook has more user base but Twitter is even more important service. So let the fingers crossed for Twitter IPO.