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LinkedIn targets $3.3 bln valuation for IPO

时间:2011-05-11 06:57:29

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     BEIJING, May 10 (Xinhuanet) -- Professional social networking site LinkedIn is aiming for a valuation of 3.3 billion U.S. dollars for its initial public offering, media reports said Tuesday.

    The Mountain View, California-based company is expected to begin trading on the New York Stock Exchange within the next month and will use the symbol(符号) "LNKD."It plans to offer 7.84 million shares priced at 32 dollars to 35 dollars each, according to the filing, which it submitted to the Securities and Exchange Commission.
    LinkedIn, which has more than 100 million members in over 200 countries and territories, is seeking to raise as much as 274.4 million dollars from the initial public offering (IPO) with 146.6 million dollars going to the company itself.
    In 2010, LinkedIn made 15 million dollars in profit on 243 million dollars in revenue, according to the filing.
    LinkedIn's biggest shareholder1 is its founder2 and chairman, Reid Hoffman, who owns more than 21 percent of the company.(本文由在线英语听力室整理编辑)

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1 shareholder VzPwU     
n.股东,股票持有人
参考例句:
  • The account department have prepare a financial statement for the shareholder.财务部为股东准备了一份财务报表。
  • A shareholder may transfer his shares in accordance with the law.股东持有的股份可以依法转让。
2 Founder wigxF     
n.创始者,缔造者
参考例句:
  • He was extolled as the founder of their Florentine school.他被称颂为佛罗伦萨画派的鼻祖。
  • According to the old tradition,Romulus was the founder of Rome.按照古老的传说,罗穆卢斯是古罗马的建国者。

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