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Twitter plan to sell 70m shares in bid to raise $1bn

Twitter currently has 200 million active users, who send more than 500 million tweets a day. Picture: PA

Twitter currently has 200 million active users, who send more than 500 million tweets a day. Picture: PA

  • by ALEXEI ORESKOVIC AND GERRY SHIH
 

TWITTER has announced plans to sell 70 million shares in a bid to raise around $1 billion (£617 million).

 

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