Oct 7 2016
Snapchat Snap Inc IPO value of $25 Billion

Snapchat Snap Inc IPO value of $25 Billion

Snap Inc could issue a public IPO as early as March 2017. Wall Street Journal reports.

More details to follow as filings are made.

Snap recently released $130 Spectacles which records 10 seconds of video that is posted to Snapchat.  An advertising platform has also been released.

Snapchat has 150 million active users per day. Approx 235 million people use Snapchat monthly.

 

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