Tag Archive | "skype"

Skype Goes IPO – Aiming for $100 Million

Posted on 09 August 2010. Tags: , , , , , ,

Saw this coming but not that big…

Since EBay (EBAY, Fortune 500) sold the company in September 2009, Skype has done very well. This year, the company has generated more than $406 million in sales, with 560 million registered users — up 41% from a year earlier. Paying users, though just a fraction of the overall user base, jumped 23% to 8.1 million from 6.6 million a year ago.

Still, Skype said an IPO can help it do better. In the filing, the company said it had achieved “significant global scale and user growth,” but “the penetration of our connected and paying users is low relative to our market opportunity.”

Source: CNN

Posted in General Business, IndustryComments (0)


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