Twitter plans to unveil IPO

Oliver Smith
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SOCIAL network Twitter plans to make its initial public offering (IPO) filing public this week, according to news website Quartz.

Twitter revealed it had filed with US regulators on 12 September, but its filing currently remains confidential as allowed by the Jumpstart Our Business Startups (JOBS) Act for US companies with less than $1bn revenue.

Details that will be included in Twitter’s filing include financial data and its existing shareholders.