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Snapchat Parent Working On Ipo Valuing Firm At $25 Billion Or More: Wsj

Ron Burgundy

By Ron Burgundy,
in Tech News

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Ron Burgundy

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Snapchat logo image created with Post-it notes is seen in the windows of Havas Worldwide offices at 200 Hudson street in lower Manhattan, New York during "Post-it note war"Snap Inc, which operates the app that lets users send videos and messages that disappear in seconds, is looking to sell shares as early as late March, the Journal reported. An IPO valued at $25 billion would be significantly higher than Snapchat's most recent valuation of $17.81 billion, based on a $1.81 billion financing round in May. It would also represent the largest IPO by a technology company since Chinese e-commerce giant Alibaba Group Holding Ltd went public in 2014.




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