Demand Media Announces Closing of IPO
Last week, Demand Media launched its initial public offering. Today, the company announced the closing of the IPO of 10,235,000 shares of common stock at $17.00 per share. From the release: Demand Media sold 5,175,000 shares of common stock, and the selling stockholders sold 5,060,000 shares of common stock in the offering. Demand Media received […]
LivingSocial Invests in Spanish Group-Buying Site
LivingSocial, the social commerce site, added to its international expansion today with a controlling interest in Spain’s Let’s Bonus. The deal gives LivingSocial the ability to speak to consumers in Spanish, Italian and Portuguese, and gives the…
The Current State of Twitter [INFOGRAPHIC]
Muhammad Saleem is a social media consultant and a top-ranked community member on multiple social news sites. Follow him on Twitter for more social media insights. There is no doubt that Twitter has been a runaway success. Add to their rapid growth the recently announced @anywhere platform, and plans for further international expansion, and it […]