[NEW YORK] As investors toil over how to value Lyft Inc, one analyst who specialises in tech listings advises looking at the ill-fated IPO (initial public offering) by Snap Inc.
SNAP lost millions of users last year after an unpopular redesign of Snapchat, its ephemeral-messaging app. Now that exodus appears to be slowing.
[SAN FRANCISCO] Snap shares surged on Tuesday after it reported rising revenue, narrowing losses and a stable number of people using its Snapchat smartphone image-themed social network.
[SAN FRANCISCO] Snapchat parent Snap came under selling pressure on Thursday after a quarterly report showing a loss of one million users even as it grew revenues and narrowed losses.
[LOS ANGELES] Investors who claim they were deceived when Snapchat went public last year will get a chance to pursue damages in court.
[BENGALURU] Snapchat-owner Snap Inc said Tim Stone, an Amazon.com Inc veteran who had led the integration of Whole Foods acquisition, would replace Andrew Vollero as chief financial officer.
[SAN FRANCISCO] Dropbox's shares closed at US$28.42, up more than 35 per cent in their first day of trading on Friday, as investors rushed to buy into the biggest technology initial public...