March 02, 2012
Thu 07 Jul 2011

WSJ: New Round Of Financing Values Twitter At $7 Bln


  • Twitter is reportedly working on a plan to regularly incorporate promoted tweets prominently in users' accounts
  • Though Twitter has a growing user base, its ad system does not generate as much revenue as either Groupon or Zynga
  • The company is said to be in talks with private investors for the financing
  • The move is expected to significantly accelerate the company's revenue growth by increasing the number of ads it can sell


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