Twitter Moves Ahead For Year End I.P.O.: Claims Revenue Less Than $1 Billion

Must Read

Can CBD Gummies Be Beneficial For College Students?

College students often feel more pressure than they have ever—or will ever—feel in their entire lives. Many students are...

What is the Value of Auditing a Marketing Campaign?

As a general rule, reviewing business best practices is not considered an exciting task. Rather, most business leaders would...

After Facebook And LinkedIn, Clubhouse Suffers A Data Breach!

After Facebook and LinkedIn's massive data leaks, now another data breach is making the rounds on the news! According to...

After much of ado Twitter finally filed the initial paper works to move closer to its much-awaited I.P.O. launch. The initiative, however, is still filled with much of possible speculations, as potential investors and public will not get a look at the company’s finance. The micro-blogging site filed its initial prospectus, also known as S-1, with securities regulators on Thursday. Surprisingly, the company has opted a provision of the Jumpstart Our Business Startup, or JOBS Act, under which a company having less than $1 billion in annual revenue could keep financial information secret.

Like many other Internet company’s IPO, Goldman Sachs is the leading underwriter for the offerings. These efforts could result into Twitter go public by end of this year but the actual public offerings would only take place in early next year, according to NYTimes’ ources.

Twitter Journalism

Twitter is having 200 million registered users and the company first became profitable in December last year by generating a record $100 million in revenue in the fiscal quarter of 2012. The company is targeting to reach $650 million in revenues and according to papers, filed by Twitter for IPO, it already has nearly 300 million registered users now.


Unlike Facebook, Twitter is yet to record higher penetration in developing countries likes of India and China, While China is still confined into local influence and networks, being the third largest country by internet subscribers India is a potential market for Twitter.

In yearly this year, twitter introduced Promoted Tweets service to boost its revenue growth. However, the ‘paid service’ is still limited to users from few developed countries likes of US and UK. Besides, Facebook’s few latest inducted features, influenced from Twitter, are also a matter of concern for micro-blogging site.


Please enter your comment!
Please enter your name here

Latest News

IT Job Seekers Rejoice: Infosys To Hire 24,000 People From India!

IT job seekers can rejoice as there's a massive opportunity headed their way. The news related to Jobs at...

In-Depth: Dprime

Will ‘TikTok By Microsoft’ Be A Winner?

For the last two years, TikTok has been in the public eye for all sorts of reasons. First, it was the exploded and unparalleled...

Facebook Subscription Model: Looking Beyond Ad Dollars?

Seldom do job listings create a stir this gripping. However, when the job listing in question is a stealth post from Twitter, with a...

Will The Online Food Delivery Market in India End Up Becoming A Two-Horse Race?

It's pretty much evident that the food delivery space in India is all set to get riled up soon enough as one of the...

More Articles Like This