Snap Seeks IPO Valuation Of Up To $18.5 Billion, Pricing Shares At $14 To $16

Snap Inc., which created the popular messaging app Snapchat, said in a regulatory filing on Thursday that it plans raise up to $3.2 billion in an initial public offering that would value the company at between $16.2 billion to $18.5 billion. The company plans to price its shares between $14 and $16.

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Here’s How Alibaba Can Benefit From Its Partnership With Mattel

Alibaba and Mattel entered into a strategic partnership which will allow the latter to sell toys in China via Alibaba’s marketplace and to use its data and insights on the Chinese consumers to develop new toy products for the Chinese market. It allows Alibaba to monetize the data mine it creates

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