Facebook confirmed the pricing of shares for its Initial Public Offering (IPO) last night, selling 421.2m shares at $38 each, raising $16bn and valuing the company at $104.2bn.
Tag: IPO
Posted inNews
Double whammy for Facebook’s advertising ambitions
With Facebook’s IPO imminent, the social network is facing more scrutiny of its business than ever. Two stories today cast doubt on one of the most important parts of the […]
Posted inData, News
Facebook IPO to value company at up to $96bn
Facebook has set the initial target stock price for its IPO on 18 May, aiming for between $28 and $35 per share, which would value the company at between $77bn and $96bn.
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Facebook IPO to value company at up to $96bn
Facebook has set the initial target stock price for its IPO on 18 May, aiming for between $28 and $35 per share, which would value the company at between $77bn and $96bn.
Posted inData, News
Facebook’s $5bn IPO doc reveals $3.7bn revenues and $1bn profit for 2011
A plethora of Facebook stats after it filed for it’s IPO, including the fact that the social network now has 854m users, with half of them logging on every day. Its revenues for 2011 were $3.7bn, and the company reported a net profit for the year of $1bn. Those revenues were up 88% on 2010, while the profits grew by 85%.
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Facebook expected to file for $75bn-$100bn IPO this week
Facebook’s long-awaited IPO could be imminent, with the Wall Street Journal reporting that the social network could file the papers this week.
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Zynga shares fall on first day, but company still worth $9bn
Friday was the first day of trading in public shares of social games publisher Zynga, following its long-awaited IPO.
Posted inData, News
Facebook’s IPO next year could value it at $100bn
The Wall Street Journal claims Facebook is eyeing an initial public offering (IPO) in the second quarter of 2012, raising $10 billion at a deal that may value the social network at $100 billion.
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Facebook’s IPO next year could value it at $100bn
Based on recent acquisition deals, Warner Music Group is worth $3.3 billion, while EMI’s two divisions are worth around $4.1 billion once split up. How about social network Facebook?
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Zynga’s IPO means former Myspace boss will have the last laugh
Social games publisher Zynga has filed the S-1 document for its IPO, which has seen journalists poring over the stats behind its rapid growth. Zynga has 148 million monthly unique players of its Facebook games, and posted revenues of $597.5 million in 2010 (and $235.4 million in the first quarter of 2011 alone)…
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EMI kicks off strategic review to find new owner(s)
Staff at EMI are waking up to a new burst of sale headlines this morning, after the label confirmed that it is starting a strategic review that may include seeking buyers for the company. “We, along with Citi, intend to explore all possible alternatives, including a sale, recapitalization or IPO of EMI …
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Pandora stock falls 24% on second day of trading
We promise there won’t be daily updates on Pandora’s stock price from now on – it’s just in the early days that the industry is eagerly scrutinising how investors react to the music service’s IPO…