Twitter reportedly stands at $9 billion

From yesterday's report, Twitter worth an impressive $9 billion (UK£5.6 AUD$8.6) a fresh round of investment. Financial Times also claimed that Giant US investment firm BlackRock has made an $80 million (UK£50.6, AUD$76.7).

FT said that the Twitter is allowing its staff to cash in by facilitating the deal, but will not rise any cash in the process.

The new valuation is up 10 per cent from Twitter's last round of fundraising in 2011, but lower than the alleged $11bn (UK£6.9, AUD$10.5) it was said to be worth following secondary stock trading late last year.

Via : TechRadar

Source : FT

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