Photo-sharing app Snapchat parent working on IPO valuing firm at over $25b

Photo-sharing app Snapchat parent working on IPO valuing firm at over $25b

The Snapchat logo shown on a smartphone. Photo: Bloomberg

Photo-sharing app Snapchat’s parent is working on an initial public offering that could value the company at $25 billion or more, the Wall Street Journal reported, citing several people familiar with the matter.

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