Twitter is 11th most popular sites in Singapore and 10th most visited sites in entire world.
The 7th of November is a big day for Twitter. The biggest and the most popular micro blogging site goes public and start trading on the New York Stock Exchange (NYSE).
Twitter is going to sell its 70 million shares valued at total 1.62 billion US Dollars. The capitalization of the company was valued at $ 14.1 billion. Buy Twitter stocks now >>
One of the biggest Social Network Twitter was created in 2006.
With over 220 million active users that send over 500 million tweets a day. The site is among the ten most visited Internet resources in the world and only few positions behind Facebook and YouTube.
From 2010 to 2012 company’s income increased in 10 times: from $28 million to $317 million. According to the predictions of the consulting company eMarketer the year 2013 will bring Twitter a total income of $583 million.
The biggest part of Twitter’s income is coming from advertising, 85% of it is coming from Mobile platforms.
Buying Twitter shares is a long term investment. The price might not be stable in the beginning. On my mind Twitter stocks are worth keeping as the company shows a stable growth from year to year in both users and income.
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