Twilio adds Canada for growth

Article Excerpt

TWILIO INC., $85.09, is a buy. The company (Nasdaq symbol TWLO; TSINetwork Rating: Extra Risk) (www.twilio.com; Shares outstanding: 171.9 million; Market cap: $15.2 billion; No dividends paid) has now officially entered the Canadian market. Twilio’s Canadian team has grown to several dozen employees in just six months, and it will continue to aggressively hire. This highlights its objective to enhance international operations outside the U.S. Twilio feels that Canada is home to some of the world’s biggest brands and a flourishing start-up landscape. The country has also emerged as a tech hub due to a top-tier university system, corporate offices and immigration-friendly policy. Twilio Inc. is a buy. buy…

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