Boston Herald - Boston Herald: Twitter unseals IPO papers, hopes to raise $1B

Boston Herald - Boston Herald

Want free Kindle ebooks? Sign up to receive the best freebie Kindle ebook deals in your email every day. From our sponsors

Twitter unseals IPO papers, hopes to raise $1B Oct 3rd 2013, 21:59, by By Associated Press, Associated Press NEW YORK — Twitter has unsealed the documents for its planned initial public offering of stock and says it hopes to raise up to $1 billion. The company is also revealing for the first time the amount of money it makes. Founded in 2006, Twitter has never turned a profit and has an uninterrupted history of losses totaling $419 million since its inception. But its revenue is growing. Twitter disclosed three weeks ago that it filed confidential papers to start the IPO process. Media files: FILE - In this Feb. 2, 2013, file photo, a smartphone display shows the Twitter logo in Berlin, Germany, Twitter unsealed the documents Thursday, Oct. 3, 2013, for its planned initial public offering of stock and says it hopes to raise up to $1 billion. (AP Photo/dpa, Soeren Stache, File) (image/jpeg)

You are receiving this email because you subscribed to this feed at blogtrottr.com. If you no longer wish to receive these emails, you can unsubscribe from this feed, or manage all your subscriptions

Tweet