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Wireless

Snapchat expects 2016 revenues of USD 300-350 mln - report

Tuesday 8 March 2016 | 09:11 CET | News
Snapchat expects to achieve USD 300-350 million in revenue this year, compared to 50 million the year before, Recode reported, citing different sources familiar with the company's plans. The company currently has a valuation of USD 16 billion, after recently raising USD 175 million in new venture funding from Fidelity. The company has to date raised USD 1.4 billion in total.

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Categories: Mobile & Wireless
Companies: Snapchat
Countries: World
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