Twitter Files For $1 Billion IPO, Sees 218 Million Monthly Active Users, 100 Million Daily Users, 500 Million Tweets Per Day

Posted on Oct 4 2013 - 4:19am by Editorial Staff

Twitter

Twitter today filed its IPO with the Securities and Exchange Commission. The filing brings in lots of numbers which we all are waiting for long time. The company says it has total of 215 million monthly active users while there are 100 million daily active users which count in together to 500 million tweets per day.

For the period of three months ended June 30, 2013, the company says it has 218.3 average monthly active users, a 44 percent increase from the previous 151.4 million average monthly active users it had in the three months ended June 30, 2012.

The company during this year’s first six months count in $253.6 million in revenue while its net loss increased by 41% to $69.3 million. While with the IPO, the company is hoping to raise a billion dollar. Rounding upon, Twitter, a seven-year old company which started as a side project has since become one of main stream of information. The company currently employs over 2,000 employees.

Over the numbers, if we talk and analyse about the “140 characters tweet” influence level, the filing document says that the micro-blogging tool become the central hub around the globe as the world’s most influential people used it for different purposes, including inform, discuss and negotiate things while it works as a source for breaking news, active discussions and lots more. 

This is the letter that Twitter wrote to potential investors in its IPO filing:

Twitter was born on March 21, 2006 with just 24 characters:

just setting up my twttr

— Jack Dorsey (@jack) March 21, 2006

We started with a simple idea: share what you’re doing, 140 characters at a time. People took that idea and strengthened it by using @names to have public conversations, #hashtags to organize movements, and Retweets to spread news around the world. Twitter represents a service shaped by the people, for the people.

The mission we serve as Twitter, Inc. is to give everyone the power to create and share ideas and information instantly without barriers. Our business and revenue will always follow that mission in ways that improve–and do not detract from–a free and global conversation.

Thank you for supporting us through your Tweets, your business, and now, your potential ownership of this service we continue to build with you.

Yours,

@twitter

Photo Credit: Flickr/Rosaura Ochoa

Over the numbers, if we talk and analyze about this 140 characters tweet influence level, the filing document says that the micro-blogging tool become the central hub around the globe as the world’s most influential people used it for different purposes, including inform, discuss and negotiate things while it works as a source for breaking news, active discussions and lots more. 

About the Author
Editorial Staff

Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.