T. Rowe Price Reveals Social Media Investments: $190.5M In Facebook, $71.8M In Zynga, And $86.8M In Groupon

T. Rowe Price Group, Inc. (NASDAQ:TROW) has revealed some of their investments in social media companies. They have invested a total of $190.5 million in Facebook as of the end of March. The company also invested $71.8 million in Zynga and $86.8 million in Groupon. Two years ago T. Rowe participated in a $100 million round in Twitter along with Insight Venture Partners, Benchmark Capital, and Morgan Stanley. Other investments include $10 million worth of equity in Ning, $35 million equity in Angie’s List, and $114 million equity in YouKu.com. [NYT]

This article was written by Amit Chowdhry. You can follow me at @amitchowdhry or on Google+ at
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