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Just after the news that the social network game developer Zynga and Facebook are parting their ways, another surprising news has surfaced the tech industry that Facebook Inc's implied value has dropped 5 per cent to about $93 billion.
It is worth noticing that Facebook has emerged as number one social networking site which presently has 845 million active users.
As per the latest chunk of information, the sale set a price of $40 apiece for 125,000 units of the fund, while a Feb. 14 fund auction valued Facebook at about $98 billion.
However, Facebook which filed fοr an initial public offering οn Feb. 1, said to a valuation οf $100 billion.
Any spokesman from California-based Facebook has declined to comment on the matter.
ITVoir NewsDesk |
Tags: facebook, valuation | | |
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