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Snapchat expected to raise as much as US$4 billion in IPO

New York

SNAPCHAT will seek to raise as much as US$4 billion in its planned initial public offering (IPO), according to people familiar with the matter.

The IPO could value Snapchat at about US$25 billion to US$35 billion, the people said, asking not to be identified as the details

sentifi.com

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