The social network announced - on Twitter, naturally - that it had submitted documents ahead of a planned flotation on the stock market
The announcement explained that a form had been submitted to the US Securities and Exchange Commission (SEC) ahead of a planned initial public offering (IPO).
Last night's tweet read: "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."
Note
Facebook floated on the US stock market in May 2012 for 104 billion dollar (£66.2 billion)
About Twitter
- Twitter was created in March 2006 by Jack Dorsey, Biz Stone and Evan Williams and by July 2006 it was launched
- Twitter is based in San Francisco,USA
- Since its launch, Twitter has become one of the ten most visited websites on the Internet, and has been described as '' SMS of Internet''
- There are some 200 million active users worldwide as of Feb 2013
- 400 million tweets are sent everyday
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