Monday, July 11, 2011

Wow...Twitter Value estimated USD 7 billion

As the information that I got from Mashable on 07/06/2011, twitter is worth an estimated USD 7 billion, meaning increas doubled in 7 months according to a recent report from The Wall Street Journal.

At present even this Twitter continues to generate profits, last December twitter value of USD 3.7 billion with an investment of USD200 million from Kleiner Perkins Caufield & Byers.

The Wall Street Journal said the reason that makes the value of Twitter is that Twitter has become a growing social media with revenue figures that continue bertambah.Emarkerter also predict that Twitter will increase the number of its ad revenue more than tripled, to $ 150 million in 2011.