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Snapchat said to have picked bankers for IPO

An IPO by the company may unleash others at a time when such big deals are rare

San Francisco

THE newest generation of technology darlings has signalled that it is about to come of age: Snapchat, the messaging service beloved by teenagers, is preparing to step out into the public markets. The company - born only five years ago - may end up ushering in a wave of huge

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