Photographs: Lucas Jackson/Reuters
Twitter launched its initial public offering and started trading on the New York Stock Exchange on November 7, 2013. After the day's trading, shares closed at $44.90, giving the company a valuation of about $31 billion.
Let's take a look at some of the biggest IPOs floated by Internet companies.
Source: Bloomberg Visual Data
...
15 largest IPOs launched by Internet companies in the world
Photographs: Rick Wilking/Reuters
Value of issue: $16 billion
Trade date: May 17, 2012
Issuer country: The United States
Industry: Internet content, entertainment
Overall rank: 1
Facebook, which was founded in 2004, is now a Fortune 500 company.
...
15 largest IPOs launched by Internet companies in the world
Photographs: Lucas Jackson/Reuters
World Online International
Value of issue: $2.91 billion
Trade date: March 17, 2000
Issuer country: The Netherlands
Industry: Web portals, ISP
Overall rank: 2
World Online International, which was founded in 1996, was an Internet service provider based in Rotterdam, the Netherlands. The company was acquired by Italian ISP, Tiscali, in 2000.
...
15 largest IPOs launched by Internet companies in the world
Photographs: Reuters
T-Online International
Value of issue: $2.77 billion
Trade date: April 17, 2000
Issuer country: Germany
Industry: Web portals, ISP
Overall rank: 3
T-Online International, which was founded in 1995, is the biggest Internet service provider in Germany.
...
15 largest IPOs launched by Internet companies in the world
Photographs: Mark Blinch/Reuters
Value of issue: $1.91 billion
Trade date: August 18, 2004
Issuer country: The United States
Industry: Web portals, ISP
Overall rank: 4
Google, which was founded in 1998, is one of the biggest companies in the world.
...
15 largest IPOs launched by Internet companies in the world
Photographs: Marcelo del Pozo/Reuters
Genuity
Value of issue: $1.91 billion
Trade date: June 27, 2000
Issuer country: The United States
Industry: Web hosting, design
Overall rank: 5
Genuity, which was founded in 1949, claims to have sent the first email in the world.
...
15 largest IPOs launched by Internet companies in the world
Photographs: Heinz-Peter Bader/Reuters
Wanadoo
Value of issue: $1.84 billion
Trade date: June 27, 2000
Issuer country: France
Industry: Web portals, ISP
Overall rank: 6
Wanadoo stopped operating as a global brand in 2006 after being renamed Orange.
...
15 largest IPOs launched by Internet companies in the world
Photographs: Lucas Jackson/Reuters
Value of issue: $1.82 billion
Trade date: November 7, 2013
Issuer country: The United States
Industry: Internet content, entertainment
Overall rank: 7
Twitter, which was founded in 2006, is now one of the 10 most visited websites in the world.
...
15 largest IPOs launched by Internet companies in the world
Photographs: Steven Shi/Reuters
Alibaba.com
Value of issue: $1.69 billion
Trade date: November 6, 2007
Issuer country: China
Industry: E-commerce, services
Overall rank: 8
Alibaba.com, a Chinese e-commerce portal, made its debut on the Hong Kong stock market in 2007.
...
15 largest IPOs launched by Internet companies in the world
Photographs: Mike Segar/Reuters
Yandex
Value of issue: $1.43 billion
Trade date: May 23, 2011
Issuer country: The Netherlands
Industry: Web portals, ISP
Overall rank: 9
Yandex, which was founded in 1997, runs the largest search engine in Russia.
...
15 largest IPOs launched by Internet companies in the world
Photographs: Aly Song/Reuters
Giant Interactive Group
Value of issue: $1.01 billion
Trade date: November 01, 2007
Issuer country: China
Industry: Internet content, entertainment
Overall rank: 10
Giant Interactive Group, which was founded in 2001, is a Chinese company that runs and creates online games.
...
15 largest IPOs launched by Internet companies in the world
Photographs: Yuya Shino/Reuters
TD Waterhouse Group
Value of issue: $1.00 billion
Trade date: June 22, 1999
Issuer country: The United States
Industry: Internet brokers
Overall rank: 11
TD Waterhouse Group provides brokerage and investor services around the world.
...
15 largest IPOs launched by Internet companies in the world
Photographs: Lucy Nicholson/Reuters
Mail.ru Group
Value of issue: $1.00 billion
Trade date: November 05, 2010
Issuer country: Russia
Industry: Web portals/ISP
Overall rank: 12
Mail.ru Group, which was founded in 1998, is one of the top Internet companies in Russian-speaking countries.
...
15 largest IPOs launched by Internet companies in the world
Photographs: Brendan McDermid/Reuters
Zynga
Value of issue: $1.00 billion
Trade date: December 15, 2011
Issuer country: The United States
Industry: Internet application software
Overall rank: 13
Zynga, which was founded in 2007, creates social games for stand-alone mobile-phone platforms and Internet.
...
15 largest IPOs launched by Internet companies in the world
Photographs: Euronext/Handout/Reuters
Renren
Value of issue: $854.9 million
Trade date: May 04, 2011
Issuer country: China
Industry: Internet content, entertainment
Overall rank: 14
Renren, which was founded in 2005, is called the Facebook of China.
...
15 largest IPOs launched by Internet companies in the world
Photographs: Brendan McDermid/Reuters
Groupon
Value of issue: $805 million
Trade date: November 03, 2011
Issuer country: The United States
Industry: E-commerce, services
Overall rank: 15
Groupon, which was founded in 2008, deals in discounted gift certificates that can be exchanged at outlets.
article