Home Page : Archive News : October 2013 News : UPDATE 1-Twitter unveils IPO filing, aims to raise $1 billion

UPDATE 1-Twitter unveils IPO filing, aims to raise $1 billion

October 04, 2013

SAN FRANCISCO, Oct 3- Twitter Inc will seek to raise $1 billion in the largest Silicon Valley IPO since Facebook Inc's 2012 coming-out party, according to an IPO filing made public on Thursday. Revenue almost tripled to $316.9 million in 2012, from $106.3 million in 2011. It said about 65 percent of its revenue derives from mobile users.

Source: http://www.cnbc.com/id/101085671
 
Related Updates