After Facebook, now another social networking giant Twitter has announced its plan for public offering very soon.
“We’ve confidentially submitted an S-1 to the SEC for a planned IPO. This Tweet does not constitute an offer of any securities for sale,” the company tweeted on Thursday.
According to the Wall Street Journal Twitter worth around $10 billion and has “well over 200 million” active users.
Founded on 2006, Twitter has become one of the fastest-growing and most influential social media services in the world.
Earlier this week Twitter has announced its latest acquiring of MoPub, a platform to provide mobile advertising at $350 million.
Tags: facebook IPO Social networking site twitter Twitter to go public Twitter to offer IPO