There was chatter on Twitter Thursday that although it is believed the company currently has less than $1 billion in revenue, the projected market value is between $10 billion and $20 billion, according to ABC News. At $15 billion, Twitter would be larger than SOCL top-10 holdings Groupon (NasdaqGM: GRPN) and Pandora (NYSE: P) combined. At $18 billion, Twitter would be more than triple the current size of Sina (NasdaqGM: SINA), the company referred to as the Twitter of China.
Global X Social Media Index ETF
ETF Trends editorial team contributed to this post. Tom Lydon’s clients own share of Facebook.