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Snapchat is entering the stock exchange



The Company Snap Inc., goes to the stock exchange and hopes to raise three billion dollars.



12.Apr.17 5:34 AM
By Christina Orlina
Photo Toinnov.com

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Snapchat is entering the stock exchange
The Company Snap Inc.,owning a service of instant messaging Snapchat, goes to the stock exchange and hopes to raise three billion dollars. On Thursday, the company officially filed for an IPO, according to data of the Commission on securities and stock exchanges of the USA.

Snap Inc. for the first time presented financial indicators, according to which the company's net loss last year grew by almost a third to $ 515 million, while revenue increased to 404 million dollars.

This is the most expensive offering of shares after the IPO of the Chinese giant of online trading Alibaba in 2014.

Two years ago, the founder of social network Facebook mark Zuckerberg wanted to buy photo and video app for smartphones Snapchat for three billion dollars, but the owners have refused this offer.

According to experts, in the coming year revenue of Snap Incorporated may amount to a billion dollars.



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