The social media Company “Facebook” now reports 901 million monthly active users, 300 million photos uploaded per day and 125 billion friendships. Facebook has updated these details in its S-1 filing with…
Tag: IPO
Facebook Adds Citi, Credit Suisse on IPO
Facebook may have hired three more banks to work on its initial public offering (IPO): Deutsche Bank, Credit Suisse Group, and Citigroup. In February 2011, Facebook set up a $1.5 billion credit…
Facebook Files IPO
Facebook has done S-1 filing for starting its much expected IPO. Facebook in its IPO filing revealed that it now has 845 million users, nearly half the world’s Internet users. And it…
Facebook is getting ready for IPO filing
Facebook Inc., the world’s largest social-networking service could file papers for its initial public offering as early as next week, that could raise as much as $10 billion and value the company…
Facebook IPO reportedly due late May
Facebook is expected to make its long-awaited initial public offering (IPO) in the third week of May, according to US reports. If FaceBook plan to go public in May,must file its IPO…