Stepping into the shoes of its rival Facebook, Twitter has decided to go public. So social media giant, according to its tweet has filed for its S-1 documents for a highly-anticipated initial public offering with the SEC. If you are wondering that why you should invest in Twitter IPO, then here are few reasons:
Twitter has huge user base: Twitter has a more than 200 million users which has made it one of the most highly anticipated company of the recent times. Its popularity is on rise which in turn has cemented its hold in the stock market.
Twitter stock values 10 million: The company value of Twitter is on upsurge and the reports are that Twitter is making close to 1 billion annually. According to Forbes.com, EMarketer in March estimated Twitter’s revenue at $582 million this year and close to $1 billion in 2014. If an emerging company is churning out such kind of revenue then there is no reason not to invest in it.
Twitter has huge ambitions: Recently Twitter has acquired MoPub for $350 million. This is a clear indictor of the fact that Twitter is looking to advertise itself on a huge scale which would boost its market standing and growth.… Read the rest