Fresh funding round for Snapchat

Fresh funding round for Snapchat View Gallery
Snapchat has raised $1.8 billion from its latest funding round

Messaging app Snapchat has raised $1.8 billion in a new funding round, according to documents filed with the US Securities and Exchange Commission.

“Its multiples far exceed internet peers, suggesting investors are taking a long-term view on Snapchat’s revenue potential.”

Bloomberg Intelligence

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