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October 4, 2013

Twitter IPO :With 200 million monthly users ,500 million Tweets are sent everyday


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As Twitter gets ready to float its IPO which has been " among the biggest technology IPO amidst    a slowing global economy, It also   showed the " 140 character " reflects in terms of  sheer numbers and bottom line . Here are the top 5 Numbers which the Public and Retail Investors would like to know

1)Twitter is planning a $1 billion IPO and hopes its symbol will be TWTR — it has not chosen an exchange yet.Twitter had reportedly been planning to raise $1.5 billion with an offering of 50 million to 55 million shares priced at $28 to $30 each.

2)Twitter is  at the time of IPO offering  472,613,753 shares of stock. It made $316 million in revenue in 2012, $253 million for the six months ended June 30, 2013

3)Not many would know that among  Twitter's  top 3 biggest Market after US, is Indonesia Japan and India.( source French market research firm semiocast ) Twitter is widely used by Bollywood stars like Amitabh Bachchan, who has 6.5 million followers on the service.
4)However, Twitter had net losses of $79 million in 2012 and $69 million for the six months endedJune 30, 2013.
5)Twitter has 200 million monthly active users, and its users have tweeted over 300 billion times with 500 million tweets coming through every day.( venturebeat)