Twitter secures $800 million funding

Twitter secures $800 million funding


With 100 million users and 1 billion tweets every five days, Twitter has just enjoyed a new $800 million funding round. The microblogging platform will receives $400 million direct investment and a $400 million secondary offering for existing Twitter shareholders.

In case you are wondering, Twitter is now valued at $8bn, and has no immediate plans for an Initial Public Offering (IPO), prefering to stay independent for the time being. According to sources, Twitter's revenue is estimate...


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