Snapchat is reportedly looking to raise as much as $4B in its upcoming IPO

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Wednesday, 26 October 2016

Snapchat is reportedly looking to raise as much as $4B in its upcoming IPO

Wednesday, 26 October 2016 by Muhammad Ifzal

In May earlier this year, Snapchat raised around $1.8 billion in a financing round that valued it at around $18 billion — and now it looks like that valuation could double in its upcoming IPO. Bloomberg is reporting that Snapchat is looking to raise as much as $4 billion in its initial public offering that could value it as high as $35 billion. Previously, the company was reportedly… Read More