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Snapchat IPO News

13 May 2017

High-profile Snap stakeholders revealed in filings

Some of the biggest US mutual and hedge funds, including Daniel Loeb`s Third Point and Daniel Och`s Och-Ziff Capital Management, owned stakes in Snap Inc, parent of the wildly popular Snapchat messaging app.

12 May 2017

Snapchat reports mere 166 mn daily users, growth nosedives

It wasn`t the day Snap Inc -- the parent company of Snapchat -- had planned. In its first quarterly earning report after going public in March, the company saw growth slipping to its lowest in the past two years, reporting 166 million users at a growth rate of a mere 5 percent.

16 Nov 2016

Snapchat files for one of the biggest tech IPOs in years

Snapchat has filed for an initial public offering, sources familiar with the situation said on Tuesday, which puts the messaging app a step closer to the biggest US stock market debut since 2014.

15 Nov 2016

Snapchat parent begins IPO process: Report

Snapchat parent firm Snap Inc. has filed confidentially for a public share offering valuing the disappearing messaging platform at more than $20 billion, The Wall Street Journal reported on uesday.

07 Oct 2016

Snapchat planning $25 bn IPO

Snap Inc -- the parent company of popular photo-sharing messaging service Snapchat -- is considering an initial public offering (IPO) that can value the company at $25 billion or more.

27 May 2015

Snapchat has IPO plan: CEO

"We need to IPO, we have a plan to do that," chief executive officer Evan Spiegel said on-stage at a Code Conference in California when asked about the potential for an initial public offering of stock.

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