Twitter reveals the extent of its trading ambitions

The social network hopes to raise nearly $ 1.6 billion during the next introduction on the stock exchange in New York. Success will follow on?

The forthcoming introduction of Twitter in the New York Stock Exchange is an opportunity for the firm to reveal its ambitions in this area. In an official document issued to the constable of the American Stock Exchange(Security Exchange Commission), it says it wants to raise up to $ 1.6 billion.

This optimistic estimate is based on the sale of 70 million common shares, plus 10.5 million shares totaling optional, 80.5 million shares, valued at $ 20 each.

The official date of its introduction to the stock market in New York has not yet been set. The deadline is approaching and there is a few days or weeks, at most, to wait before the big day

The prospect of the IPO, one of the most anticipated by the end of the year, agitating financial analysts overseas.

Sales up sharply, net losses as ...

Twitter posted revenues (sales) rose sharply. Comparing the first nine months of 2013 with those of 2012, its sales grew 106% to $ 422 million (about 311 million).

It has, however, suffered a net loss of $ 133.9 million (about 99 million), up 89% over the same period.

Twitter had 230 million monthly active users (25 + year) and 100 million active users per day, always at 30 September 2013. This exchange 500 million tweets per day on the network.