athavaneng.com
athavaneng.com
chrome

Snapchat ‘files for stock market float’

In
Published: 11:45 GMT, Nov 16, 2016 |
0 Comments
1286
15

Snap, the parent company of messaging app Snapchat, has filed to list on the US stock market, according to several reports.

Based on investments so far, the California-based firm would be worth between $20bn and $25bn (£16bn-£20bn).

That would make it the largest US flotation since Chinese e-commerce giant Alibaba listed two years ago.