Snapchat said to seek $5 billion in biggest tech IPO since Twitter

By Alex Barinka and Sarah Frier
Updated November 2 2016 - 1:09pm, first published October 27 2016 - 9:07am

Snapchat will seek to raise as much as $US4 billion ($5.2 billion) in its planned initial public offering, according to people familiar with the matter.

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