Twitter hopes to raise $1bn in IPO, despite lack of profit

Sooraj Shah
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Investors will be wary of the social media firm's financials, as well as a succession of internet IPO flops

Twitter, one of the most popular social media websites in the world, is hoping to raise about $1bn (£619m) at its initial public offering (IPO) later this year. The firm revealed the target on T...

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