High-profile Snap stakeholders revealed in filings
Some of the biggest US mutual and hedge funds, including Daniel Loeb`s Third Point and Daniel Och`s Och-Ziff Capital Management, owned stakes in Snap Inc, parent of the wildly popular Snapchat messaging app.
May 13, 2017, 09:34 AM IST
Snapchat reports mere 166 mn daily users, growth nosedives
It wasn`t the day Snap Inc -- the parent company of Snapchat -- had planned. In its first quarterly earning report after going public in March, the company saw growth slipping to its lowest in the past two years, reporting 166 million users at a growth rate of a mere 5 percent.
May 12, 2017, 09:05 AM IST
Snapchat files for one of the biggest tech IPOs in years
Snapchat has filed for an initial public offering, sources familiar with the situation said on Tuesday, which puts the messaging app a step closer to the biggest US stock market debut since 2014.
Nov 16, 2016, 08:47 AM IST
Snapchat parent begins IPO process: Report
Snapchat parent firm Snap Inc. has filed confidentially for a public share offering valuing the disappearing messaging platform at more than $20 billion, The Wall Street Journal reported on uesday.
Nov 16, 2016, 04:41 AM IST
Snapchat planning $25 bn IPO
Snap Inc -- the parent company of popular photo-sharing messaging service Snapchat -- is considering an initial public offering (IPO) that can value the company at $25 billion or more.
Oct 07, 2016, 11:02 AM IST
Snapchat has IPO plan: CEO
"We need to IPO, we have a plan to do that," chief executive officer Evan Spiegel said on-stage at a Code Conference in California when asked about the potential for an initial public offering of stock.
May 27, 2015, 08:38 AM IST
