Social networking service Twitter files IPO registration with a suggested valuation of $12.8bn.
Twitter, a US-based social networking service which describes itself as “a global platform for public self-expression and conversation in real time”, has registered its proposed initial public offering to raise $1bn, with a suggested valuation of $12.8bn. The company has yet to choose on which exchange – Nasdaq or NYSE – to list its shares. The offering is expected to take place on or around 15 November, according to latest reports.
Apart from named executive officers and directors, 5%…
