Twitter Quietly Files IPO
Twitter filed a confidential IPO, only days after the acquisition of MoPub mobile advertising exchange.
The announcement came via tweet on Twitter’s official account.
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.
— Twitter (@twitter) September 12, 2013
The filing followed closely on the heels of an acquisition of mobile advertising exchange MoPub for $350 million in stock; a move that could make Twitter a real competitor in social media advertising. In fact, Twitter’s recent traction as an advertising platform has been cited as the reason for it’s increasing value of late.
According
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