Snapchat IPO values the company at $24 billion
Snapchat, now Snap, has given a final price for its IPO, setting the company's valuation at nearly $24 billion (₹1.6 lakh crore) at $17 (₹1,134) per share, according to The Wall Street Journal. During its last funding round, Snapchat was reportedly valued at about $20 billion. At this price, it would be the biggest technology IPO since Alibaba.