Snap Inc. is the parent company of Snapchat — the camera-centric social app famous for disappearing messages, Stories, and AR lenses. Snap pioneered the ephemeral messaging format later copied by Instagram and WhatsApp. The company went public in March 2017 at a $24B valuation. Snap also develops Spectacles AR glasses and the Lens Studio platform for AR effects. It monetizes through advertising with 900M+ monthly active users.
IPO details
IPO date
Thu Mar 02
IPO price
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First-day close
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IPO valuation
$32.0B
Market-data summary
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Data last checked Sun Oct 11. Optional market data is not yet available where shown as —.