Friday, February 3, 2017

Snapchat is aiming for 25 healthy billion on the stock exchange – Aftenposten

Public documents on the planned listing, shows that the company will lay out the shares for 3 billion dollars, which is equivalent to almost 25 billion after today’s course. Several people think this is just a preliminary amount and that the company, in reality, aiming for 4 billion. It will give a total valuation of up to 25 billion dollars and do the Snap to one of the largest børsnoteringene among technology companies.

In the regnskapspapirer submitted to the u.s. financial supervisory authority of norway, shows that the company had 404 million dollars in revenue in the last year, but ended with a deficit of 515 million.

Snapchat quickly became a popular service among young mobile users, with ephemeral messages that disappear after a while. Eventually, the platform is further developed among other things to allow publicists to share their content. VG was recently the first nordic media house to make use of this service, which has been named Snapchat Discover.

the Company says it expects that the lion’s share of the revenue will come from advertising, where the Snap will take up the fight with the giants Google, Facebook and Twitter. The company points out that it has lost money since its inception and that they may not achieve profitability.

the Snap shall previously have rejected a milliardbud from Facebook because the company wanted to preserve its independence.

Pokémon Go breathe Snapchat in nakkenSnapchat has been completely annerledesFacebook, Snapchat and Instagram can be closed to those under 16 years of age

(©NTB)

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