Messaging app Snapchat has filed confidentially for an initial public offering (IPO), sources familiar with the situation said on Tuesday.The Venice, California-based company is in the process of planning one of the biggest technology IPOs in recent years, expected to come as early as March.
Snapchat, whose parent is Snap Inc, was not immediately available to comment.
(Reporting by Lauren Hirsch and Liana B. Baker)
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Published Date: Nov 16, 2016 03:15 am | Updated Date: Nov 16, 2016 03:15 am