Photo-sharing app Snapchat looking at €16bn valuation

Photo-sharing app Snapchat is looking to raise enough cash in a new round of funding to value the business at more than €16 billion.

Photo-sharing app Snapchat looking at €16bn valuation

Photo-sharing app Snapchat is looking to raise enough cash in a new round of funding to value the business at more than €16 billion.

That's double the valuation from just one year ago.

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