Twitter likely to launch IPO in 2014

Twitter is about to celebrate its seventh year amid speculation that a shake-up of its management ranks before the Christmas holidays might pave the way for an initial public offering as soon as next year.

Based in San Francisco, the world's largest microblogging service is likely to follow the listings of Facebook, Zynga and Groupon, which should help IPO-hungry Wall Street banks and the company's international expansion strategy.

via Business feed http://www.scmp.com/business/companies/article/1121689/twitter-likely-launch-ipo-2014