Snapchat would be valued between “$ 16 billion
and $ 19 billion”
The company was valued at $ 10 billion at the beginning of the year. In recent months, Snapchat has incorporated new features.
Snapchat, the popular courier service for exchanging ephemeral photos, is preparing a new round that could value it from 16 to 19 billion dollars, say the Financial Times and New York Times.
The deal should allow the company to raise up to $ 500 million, the NYT adds, quoting a person close to the negotiations.
If it were to succeed, the company’s valuation would have virtually doubled in one year, since its last fundraising was on the order of $ 10 billion.
22, 40 OR 45 BILLION
The company, founded in 2011 by three students from Stanford University, is among the top-ranked start-ups in the world, alongside American specialist Uber ($ 40 billion) and manufacturer Chinese multifunction phones Xiaomi ($ 45 billion).
Over the past few months, Snapchat has incorporated new features like advertisements into its messages, Discover, for media such as CNN, ESPN or National Geographic, or money transfers with Square. The valuation of Snapchat would be close to that of WhatsApp, the messaging service acquired last year by Facebook for nearly $ 22 billion.