Twitter Aims to Raise $1.82 Billion
As Twitter announced on Wednesday, its IPO price has finally been set at $26, a significant hike from the initial price range of $17 to $20.
Twitter is now set to raise $1.83 billion, potentially valuing the microblogging platform at up to $18 billion. Even though Twitter’s initial public offering appears small compared to Facebook’s blockbuster IPO a year ago, it is still larger than many high-profile tech IPOs over the past few decades. When Amazon, a company now worth $163 billion, went public in May 1997, the online retailer raised no more than $54 million. Even Google's IPO, arguably the second-largest internet IPO behind Facebook’s, raised less capital than Twitter is now planning to.
The sentiment surrounding Twitter’s stock market debut is largely positive. Despite the fact that some experts haven’t been too impressed by Twitter’s recent user growth, analysts are seeing no problem for the company reaching 400 million users within the next few years. Given the circumstances, it appears unlikely for Twitter to suffer the same fate its big brother Facebook suffered last year.
- Twitter accounts with the most followers worldwide as of March 2015 (in millions)
Twitter accounts with the most followers worldwide 2015
- Number of data removal requests to Twitter from January 2012 to June 2014
Twitter: total number of data removal requests as of 2H 2014
- Number of monthly active Twitter users in the United States from 1st quarter 2010 to 4th quarter 2014 (in millions)
Number of monthly active U.S. Twitter users as of 4th quarter 2014
- Stock market investment - percentage of US adults to have money invested, 1999-2013Stock market investment - percentage of US adults to have money invested, 1999-2013
- Stock market trendsStock market trends
- Pet stores: company distribution in the U.S. by employment size 2013Pet stores: company distribution in the U.S. by employment size 2013
- Who may use the "Chart of the Day"?
- The Statista "Chart of the Day", made available under the Creative Commons License CC BY-ND 3.0, may be used and displayed without charge by all commercial and non-commercial websites. Use is, however, only permitted with proper attribution to Statista.
- Which topics are covered by the "Chart of the Day"?
- The Statista "Chart of the Day" currently focuses on two sectors: "Media and Technology", updated daily and featuring the latest statistics from the media, internet, telecommunications and consumer electronics industries; and "Economy and Society", , which inlcudes current data from the United States and around the world relating to economic and political issues as well as sports and entertainment.
- Can Statista create customized charts?
Absolutely! For information on tailor-made and sector-specific
Charts of the Day, please contact Jan Ahrens