Main menu:



Mini Sites

Web
Mobile
Gadgets
Statistics

Links

Home
About Us
Send Tips
Contact Us
Subscribe RSS

Follow Us

Twitter
Facebook
RSS Feed

Sponsors


Recent Slideshows

iOS Jailbreak Stories
Android Rooting News
Windows Phone 7 Articles

Tags

Facebook Valuation Now Higher Than eBay’s

Facebook has technically overtaken eBay to become the third largest technology company in the United States. The company’s shares are now trading at $16 on SecondMarket – an exchange for shares of privately held companies. At this price, the valuation of the company stands at $41 billion that is a tad more than the $39.3 billion valuation that eBay holds at the NASDAQ stock market. Only Amazon – at $74.4 billion valuation and Google – with $192.9 billion value are above Facebook.

The revelation comes on the heels of speculation that Facebook is announcing a new email product to take on the likes of Gmail and Hotmail. An announcement in this regard is expected later today. The news is also likely to give a major impetus to anticipation about the social network’s IPO plans. Will Facebook open to the stock markets next year?

Keep yourself updated on all the technology news by following us on Twitter or by joining us on our Facebook Page.


Write a comment