Facebook valued at $95 billion

Share this article:

Facebook's fifth amendment to its IPO filing on May 3 revealed the company would be selling 180 million shares of Class A common stock between $28 to $35 per share, a range that values the company at around $95 billion. The company has set its IPO for May 18.

In the document, Facebook says it currently has 901 million active users who generate 3.2 billion "likes" and comments every day. Those users form 125 billion Facebook friendships.

The company also states that it had 526 million daily active users in March 2012, compared with 372 million in March 2011 — a 41 % increase.

In recent months, Facebook has launched several apps intended for businesses, including Pages, which are designed to help companies brand themselves and engage fans on the social networking site. In April, Facebook also announced it would acquire photo-sharing social network Instagram for $1 billion.

Facebook could not be immediately reached for comment.

Share this article:

Follow us on Twitter @dmnews

Latest Jobs:

Featured Listings

More in Digital Marketing

News Byte: CX Scores to Take Their Place Beside Price Listings

News Byte: CX Scores to Take Their Place ...

E-commerce aggregator PriceGrabber will begin offsetting price info with service expectations.

Data Byte: Interactive Ad Revenues Exceeding TV for the First Time

Data Byte: Interactive Ad Revenues Exceeding TV for ...

At nearly $43 billion, interactive advertising revenues exceeded broadcast for the first time in 2013.

Marketers: Data Rich and Knowledge Poor

Marketers: Data Rich and Knowledge Poor

While advertisers have become incredibly data-savvy, the most difficult challenge remains causally linking that data to outcomes that really matter.