Snapchat has reportedly filed for an initial public offering (IPO) that could value the firm at as much as US$25 billion.
According to Wall Street Journal and Reuters reports, Snapchat, now known formally as Snap Inc, has confidentially filed paperwork with the US Securities and Exchange Commission and is expected to IPO as early as March.
Both reports claim the firm could be valued between US$20 billion and US$25 billion when it goes public, which would make it the biggest US technology IPO since Alibaba’s stock market debut in 2014.
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15 July 2018 @ 12:00:00 UTC
.@AmpereAnalysis: a#SVOD stackinga fuelling growth of #subscription market. #TopStoriesOfTheWeeka https://t.co/eunDhfX5Km
15 July 2018 @ 10:00:01 UTC
#Broadband speeds rise in developed markets but #UK drops in ranking. #TopStoriesOfTheWeek https://t.co/XOaCTvQOeO https://t.co/BPQDfQcm3Z
14 July 2018 @ 14:00:01 UTC
The birth of @Media_Kind. #DTVEWeekInView https://t.co/xTB9OePoU1 https://t.co/mkJGIvdRLN
14 July 2018 @ 13:00:01 UTC
.@netflix introduces asmart downloadsa. #SVOD #TV #TopStoriesOfTheWeek https://t.co/OwQsokZwIN https://t.co/bWqDb8RH1b
13 July 2018 @ 15:00:02 UTC
