In latest statements Snapchat the Photo-sharing app may be
engaging its investors in fresh round of funding. The valuation is placed at
3.5 billion in a report by Mashable. This push could be seen as coming due to
the company’s growth. As of September Snapchat stated that its users share over
350 million photos a day. The company is yet to begin raising revenues on its
platform but signs that it soon will are given away by introduction of the
Stories feature within the app. This feature keeps the photos shared by users
for 24 hours before they go away.
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