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Snapchat files for biggest IPO since Alibaba's in 2014

Sources say the public listing could be valued at between US$20b and US$25b; decacorns like this, valued in the tens of billions, are still untested in the public market

New York

SNAPCHAT has filed for an initial public offering (IPO), said sources on Tuesday of a development which puts the messaging app a step closer to the biggest US stock market debut since 2014.

The California-based company could go public as soon as March and be valued at US$

sentifi.com

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