snapchat parent snap to raise up to 3 bn in ipo
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
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Snapchat parent Snap to raise up to $3 bn in IPO

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Arab Today, arab today Snapchat parent Snap to raise up to $3 bn in IPO

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San Francisco - Arab Today

The parent of the fast-growing social network Snapchat filed public documents for a share offering Thursday, seeking to raise up to $3 billion.

California-based Snap Inc., which had earlier filed confidential documents for an initial public offering, was expected to be one of the biggest tech company market debuts in recent years with a valuation likely to top $20 billion.

In documents filed with the Securities and Exchange Commission, Snap said it took in $404 million in revenue last year but lost $515 million.

 
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snapchat parent snap to raise up to 3 bn in ipo snapchat parent snap to raise up to 3 bn in ipo

 



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snapchat parent snap to raise up to 3 bn in ipo snapchat parent snap to raise up to 3 bn in ipo

 



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